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Relief arrives for U.S. shale firms as OPEC folds in price battle
September 30, 2016 by admin · Leave a Comment
By Liz Hampton and Terry Wade HOUSTON (Reuters) – It was a moment U.S. shale oil producers have been waiting on for more than two years: OPEC nations finally agreed to cut production on Wednesday in a move that lifted low prices ravaging their budgets. The agreement effectively establishes a …
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Relief arrives for U.S. shale firms as OPEC folds in price battle