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Tag Archives: Africa and Asia

Analysts don’t expect growing shale oil production in US will strongly affect prices

Growing rig count in the United States evidencing more active shale oil production is still unable to exert any strong pressure on oil prices, analysts questioned by TASS said on Monday. The market is still waiting for delivery of the oil production cut agreement between OPEC and non-OPEC countries, they said. Brent oil futures dropped on the London’s ICE by ...

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