World Must Spend $540 Billion Every Year Looking For Oil Just To Maintain Current Output

From ZeroHedge

With oil trading just above multi-year lows – despite mounting speculation of peak shale – pessimism on oil prices has never been greater, and earlier this week sentiment hit rock bottom after WTI managed money spec positions hit a record […]

Sep 18th 2025 6:50pm EDT

Source Link: https://www.zerohedge.com/markets/world-must-spend-540-billion-every-year-looking-oil-just-maintain-current-output

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