Oil Market Facing More Than Just a Price War: Nasdaq’s Essner

Oil Market Facing More Than Just a Price War: Nasdaq’s Essner

think that Russia really wants to harm US shale industry.. And Saudi really wants to punish Russia for. that the main collateral damage is going to come to U.S. shale. . But even though Saudi and Russia are both feeling the pain of. business and a lot of it is in the high yield market as you. the energy companies in the form of reserve based lending is. requirements to receive minimum payments these energy companies. are going to continue to pump even at these low prices even. And I think that a lot of the U.S. shale. the oil markets is that you know oil is is a physical asset not. priced in more production coming from Saudi Arabia the big. shale production will come down as a result of these lower. Oil Market Facing More Than Just a Price War: Nasdaq's Essner. Tamar Essner, director of energy and utilities at Nasdaq, discusses the outlook for oil amid the price-war between Saudi Arabia and Russia, and the implications for energy companies..