Monday, June 20, 2016

With oil price near $50, resilient U.S. shale producers eye new chapter

HOUSTON, June 20 (Reuters) - Two years into the worst oil

price rout in a generation, large and mid-sized U.S. independent

producers are surviving and eyeing growth again as oil nears $50

a barrel, confounding OPEC and Saudi Arabia with their

resiliency.

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