IEA sees jump in U.S. oil output in next five years

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IEA sees jump in U.S. oil output in next five years

05 March 2018, London — U.S. shale oil output is set to surge over the next five years as drillers recover rapidly from a three-year slump, the International Energy Agency said on Monday, sharply upgrading its previous growth forecasts. A landmark deal in 2017 between OPEC and other oil producers including Russia to curb output …

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