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U.S. Crude Production Expected to Rival World Leaders

Admin Jan 19,2018

Boosted by shale industry, rising U.S. production could undermine OPEC’s efforts to shore up oil prices

U.S. crude-oil production this year is expected to surpass Saudi Arabia’s and rival that of Russia, the world’s two largest oil producers, the International Energy Agency said Friday, raising the prospect that a booming crude market could cool off.

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