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Saturday, 16 February 2019

U.S. shale executives predict oil production constraints to remain

U.S. shale executives predict oil production constraints to remain
16 February 2019, Houston — Drilling curbs by oil producers in the largest U.S. shale field will continue until transport bottlenecks ease and investors stop punishing companies for increasing capital spending, executives at an energy conference said on Thursday. The price of crude in the Permian Basin of West Texas and New Mexico fell sharply … More »

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