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Market Extra: Why Russia wants to crush U.S. shale oil producers in price war

9 Mar 2020

Russia and Saudi Arabia’s failure to see eye-to-eye on the need for additional production cuts in response to the coronavirus outbreak spelled the end of the OPEC+ alliance and triggered a punishing price war. But the real thorn in Moscow’s side is the U.S. shale industry, analysts say.

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This content was originally published by - Top Stories. Original publishers retain all rights. It appears here for a limited time before automated archiving. By - Top Stories

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