Shale-Oil Producers Ready to Raise Production Bringing shale-oil rigs back into service sets up the first big test of producers’ ability to react to rising crude prices A Pioneer Natural Resources oil rig in the Eagle Ford shale region of Texas. The company said last week it hopes to increase drilling and add two new... Continue Reading →

http://www.ft.com/cms/s/2/69350a3e-f970-11e4-be7b-00144feab7de.html#ixzz3a2uhthvG Last updated: May 13, 2015 6:56 pm Saudi claims oil price strategy success Anjli Raval in Riyadh/FT ©PA The New Oil Order Saudi Arabia says its strategy of squeezing high-cost rivals such as US shale producers is succeeding, as the world’s largest crude exporter seeks to reassert itself as the dominant force in the global oil market.... Continue Reading →

http://www.ft.com/cms/s/0/7cff298e-f8b0-11e4-8e16-00144feab7de.html#ixzz3a1Vbhjvu EM SQUARED May 13, 2015 12:27 pm EM currencies v Fed: India much better positioned than Brazil Jonathan Wheatley/FT Things have changed since the taper tantrum of 2013, for better and worse ©AFP As this week’s sell-off in Asian currencies reminds us, the mood among investors in emerging markets is one of nervous agitation. Behind it... Continue Reading →