MarketWatch | Oil futures pare gains as EIA report forecasts a rise in shale output MarketWatch The report raised concerns that the agreement among major oil producers to cutback on output that has contributed to the recent rise in crude prices will fail to alleviate a global glut of supplies—and instead prompt higher production from countries ... US oil and gas industry has turned the corner: Kemp Exxon plays catch-up after missing US shale oil boom |