Shale Oil Down But Not Out

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Article Abstract:

The shale revolution is on hold as a global oversupply of oil and low prices continue to haunt producers. Related: OPEC Challenges Bakken Shale Drillers In December, OPEC announced that it would not decrease production in order to curb the falling price of crude. OPEC continued this strategy throughout the year, which has caused major economic consequences, […]

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