Friday, November 28, 2014

Inside OPEC room, Naimi declares price war on U.S. shale oil

VIENNA (Reuters) - Saudi Arabia's oil minister told fellow OPEC members they must combat the U.S. shale oil boom, arguing against cutting crude output in order to depress prices and undermine the profitability of North American producers.






from Reuters: Most Read Articles http://ift.tt/1rAopNG http://www.reuters.com

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