For Oil Producers Cash Is King, and That's Why They Just Can't Stop Drilling

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  • Shale producers with growth plans at $40 oil have outperformed
  • U.S. crude output rose 19% even after $22 billion in cuts

Risk of "Sharp" Oil Rebound in 12 Months, Sen Says

Investors sent a surprising message to U.S. shale producers as crude fell almost 20 percent in August: keep calm and drill on.

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