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Wednesday 5 December 2018

Shale’s growing profits at the mercy of OPEC cuts and Trump’s tweets

Shale’s growing profits at the mercy of OPEC cuts and Trump’s tweets
05 December 2018, News Wires — The recent nosedive in crude prices came just as shale producers had started delivering healthy returns after years of heavy spending to boost production and market share. The shift has pleased investors who had grown weary of waiting for a payoff while watching the frenetic west Texas shale boom make … More »

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