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Saudi oil minister to face rival US producers as price rout bites - Reuters
Reuters | Saudi oil minister to face rival US producers as price rout bites Reuters While soaring U.S. shale output brought on by the hydraulic fracturing revolution contributed to oversupply, many blame the 70-percent price collapse in the past 20 months primarily on Naimi, seen as the oil market's most influential policymaker ... Petrostates in talks to end oil glut Why a Production Freeze Won't Fix the Oil Collapse Plunging oil price brings Saudi Arabia and Iran together in alliance of enemies |
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