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news 11-16-2016 04:00 PM

International Energy Agency expects U.S. shale output rise if OPEC pushes oil to $60
 
U.S. shale oil producers will increase their output if oil prices hit $60 US a barrel, meaning OPEC will have to walk a fine line if it curtails production to prop up prices, the head of the International Energy Agency (IEA) said.


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