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Oil at war: OPEC vs. Shale

Oil traders are having second thoughts about how quickly world oil markets will rebalance following OPEC-led production cuts at the end of last year. Fresh investment is pouring into the U.S. shale oil industry, lifting American supplies sending a recovery in crude prices into reverse. Reuters has been on the front line of the story over the last year, offering unmatched breaking news and insight on the battle between OPEC and shale and its impact on markets, companies, economies and investors.

Article Tags
Type: The Big Picture
Regions: Europe / Middle East / Africa