"Why Saudi Arabia’s Quest To Prop Up Oil Prices Is Failing"
"An early glimpse of the turn in the oil markets came last August. Thanks to a recovery in the shale oil drilling business, the French company Vallourec started rehiring people it had let go at its Youngstown, Ohio, steel pipe factory. ... Ten months later, crude oil prices have tumbled more than 20 percent, with the strong rebound in the U.S. shale oil drilling and production among the reasons for the decline."











