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Opinion: The Shale Delusion: Why The Party’s Over For US Tight Oil

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Global Supply and Demand Fundamentals Continue to Worsen. It further suggests that the August production surplus is because of both a production (supply) increase of 85,000 barrels per day and a consumption (demand) decrease of 182,000 barrels per day compared to July. Source: EIA and Labyrinth Consulting Services, Inc.

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