Dec 6th 2014: Sheikhs v shale Flashcards

1
Q

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A

business will go bust

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2
Q

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A

stabilisation of prices

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3
Q

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A

a barrel of oil

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4
Q

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A

price begin to slide

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5
Q

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A

sluggish world economy

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6
Q

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A

mail culprits

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7
Q

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A

previously considered unviable

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8
Q

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A

manic drilling

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9
Q

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A

boost oil production

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10
Q

-

A

tip the world from a shortage of oil to a surplus

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11
Q

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A

adrenalin to global growth

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12
Q

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A

enjoy big windfalls

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13
Q

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A

stashed in a sovereign-wealth fund

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14
Q

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A

put off raising interests

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15
Q

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A

ward off deflation

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16
Q

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A

rouble tumbled this week as Russia’s prospects darkened further

17
Q

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A

spectre of defaults

18
Q

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A

unnerve financial markets

19
Q

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A

tussle between OPEC and the shale-drillers

20
Q

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A

member of cartel

21
Q

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A

push a different tactic

22
Q

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A

crimp supply

23
Q

-

24
Q

-

25
-
derricks in debt
26
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overstretched
27
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a rash of bankruptcies
28
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bespatter shale oil's reputation among investors
29
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rein in their expenditure
30
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shake-out
31
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The firms that weather the current storm
32
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pliable bureaucrats
33
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come in conveniently small increments
34
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hire ew rigs
35
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crank up the bottling plant
36
-
overdue implosion
37
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marginal producer
38
-
genuine rivals