Crude Brent prices touched US$50/barrel for the first time this year. Listen to Tim Mulholland of China-America Capital Company explain what this means to shale producers in the US and how OPEC is going to react following this news.

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Tags:  oil,  crude oil,  brent,  crude brent,  west texas,  wti,  cpo,  dollar,  japan,  S&P500