Shale Oil Gets a Helping Hand From OPEC Agreement

Bloomberg Video

Dec.01 -- Daniel Yergin, vice chairman at IHS Markit, expects shale oil production to increase by 300,000 to 500,000 barrels per day when prices rise to $50-$55 by the end of 2017 in the wake of OPEC's agreement to cut production. He speaks on "Bloomberg Daybreak: Americas."