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Oil fundamentals: Learn all about what is really driving the market
May 23: What are the basic fundamentals are work in the oil market today.
8There is now an increasing belief that additional US shale oil output may not be sufficient to meet the rise in demand.
8Coupled with low investments, declining inventories and little spare capacity, oil prices are slated to stay high in 2018 and 2019
8For the few remaining bears in the market, the bullish world will quickly unfold as a strong US shale response, slower demand growth due to high prices and the unwinding of the OPEC deal will shift the market back to surplus in 2019.
8From this view, the backend of the futures curve will stablize at around the production cost of US shale
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