|
|
|
|
|
|
by Legend2440
6 hours ago
|
|
|
The oil industry as a whole does not benefit from supply side shocks. However, the US oil industry is not supply constrained by the war. They can still produce as much oil as ever.
It's only their competitors in the middle east that are affected. They reduces the global supply of oil and increases demand for US oil. That's why their profits are up. |
|
|