THE CORONAVIRUS crisis has sparked a collapse in global oil prices with industry experts predicting the biggest one-day decline in 29 years today as demand dries up in the wake of the outbreak.

One new rule    from this event is that the business model for shale oil and gas is totally destroyed.
THE CORONAVIRUS crisis has sparked a collapse in global oil prices with industry experts predicting the biggest one-day decline

60%/bbl is commonly quoted as the breakeven price for shale
With WTI at 32$/bbl hell is coming for breakfast