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Shale band explains oil price struggle to top $60 a barrel - Financial Times
Financial Times | Shale band explains oil price struggle to top $60 a barrel Financial Times Instead, they say the oil market's tepid reaction is a sign fears still run deep in the industry about testing the upper bounds of the so-called “shale band” — or the price range they estimate US shale drillers can operate in without flooding the ... Crude oil needs to break above $56 to see sustained rally Oil ends at a nearly 3-week high as Middle East tensions threaten supplies Oil turns negative as US output gains offset Middle East tensions |
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