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Monday 29 February 2016

U.S. shale’s message for OPEC: above $40, we are coming back

U.S. shale’s message for OPEC: above $40, we are coming back
*For leading U.S. shale oil producers, $40 is the new $70 29 February 2016, New York — Less than a year ago major shale firms were saying they needed oil above $60 a barrel to produce more; now some say they will settle for far less in deciding whether to crank up output after the […] More »

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