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Revamped U.S. oil hedges may test OPEC's patience

2015-01-05 11:09:51| Energy - Topix.net

As a war of nerves between U.S. shale producers and Gulf powerhouses intensifies, OPEC's biggest members are counting down the months until their upstart rivals lose the one thing shielding them from crashing oil prices - hedges. They may need much more patience than they reckon, however, because those hedges are a moving target.

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