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U.S. Shale Oil Industry Makes Unprecedented Cuts

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GraniteShares Director of Research Ryan Giannotto, CFA breaks down the game theory element of engaging in production cuts for the U.S. shale oil industry for Gillian Rich's report in Investor's Business Daily. Beyond unparalleled volatility, and even negative crude prices, the classic prisioner's dilemma is just another challenge for shale producers navigating the "Great Shut-in."
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