Wednesday, November 16, 2016

IEA expects U.S. shale output rise if OPEC pushes oil to $60

LONDON, Nov 16 (Reuters) - U.S. shale oil producers will

increase their output if oil prices hit $60 a barrel, meaning

OPEC will have to walk a fine line if it curtails production to

prop up prices, the head of the International Energy Agency

(IEA) said.

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