The Next Big Fight in Oil If Prices Rise

As the oil price fell from $105/barrel in 2014 to $26/barrel in 2016, producers, service companies and banks/lenders worked very co-operatively to keep as many people employed and as much oil flowing as possible.
It has been a remarkably co-operative endeavour for the global energy industry.
I expect that to change to become a lot more cut-throat between these players as the oil price rises. There will be intense competition between the producers and service sector for every extra dollar that any increase in the oil price brings back into the energy complex.

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