Shale surge won’t thwart plan to clear glut – OPEC President

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Shale surge won’t thwart plan to clear glut – OPEC President

*U.S. shale won’t be ‘huge distorter’ for oil market: Mazrouei *Stronger demand, compliance with oil cuts seen to buoy prices 12 February 2018, London — Surging output of U.S. shale oil won’t be a “huge distorter” of efforts by global crude producers to clear a glut, according to OPEC’s president. The market should re-balance this …

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