U.S. oil output could be less volatile as majors boost shale share -IEA

U.S. oil output could be less volatile as majors boost shale share -IEA
News Wires — U.S. oil production could become less responsive to crude prices as major oil companies increase their market share of the oil pumped from the nation’s shale fields, currently dominated by smaller independent producers, International Energy Agency officials said at an industry summit on Monday. Forecasts by oil majors Exxon Mobil Corp and Chevron … More »

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