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OPEC Finding U.S. Shale Harder to Crack as Rout Deepens: Energy

2014-10-16 00:11:11| Oil & Gas - Topix.net

OPEC is resisting pressure to cut oil production while demand slumps as it tests how low prices must go to make U.S. shale oil unprofitable. As producers become more efficient, that floor is sinking.

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Category:Energy and Environment

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