Shale Oil Seen Stifling OPEC’s Classic Market-Balancing Role

Updated on
  • Group to lose sales if it acts as ‘swing producer’: Al-Attiyah
  • Former IEA head Mandil sees no policy change from OPEC in June

A New Normal Ahead for Oil Outages?

The surge in the global supply of shale oil has curbed OPEC’s ability to balance crude markets, a former Qatari energy minister said.

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