In a note in mid-November, Citi's Ed Morse highlighted this chart, showing that for most US shale plays, costs are below $80 a barrel. Citi. Morse writes that if Brent price move towards $60 â they're currently around $72 â a significant amount of shale production would be challenged.
poor. adj. poorÂ·er, poorÂ·est. 1. a. Having insufficient wealth to meet the necessities or comforts of life or to live in a manner considered acceptable in a society. b. Relating to or characterized by poverty: the poor side of town. 2. Deficient or lacking in a specified resource or quality: an area poor in timber and coal; a diet poor in calcium. 3.
Meaning: A low or downcast state. Classified under: Nouns denoting stable states of affairs. Synonyms: abasement; abjection; degradation. Context example: each confession brought her into an attitude of abasement. Hypernyms (degradation is a kind of...): humiliation (state of disgrace or loss of self-respect)