US shale companies produce more crude using fewer rigs

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US shale companies produce more crude using fewer rigs

HOUSTON, Aug 13 (Reuters) – Greater operating efficiencies in the top U.S. shale patch are squeezing out more oil without higher spending, according to the latest output numbers, which will boost global oil market supplies as OPEC also plans to unwind its output cuts later in the year. Read full article HERE

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