Bounceback in U.S. shale oil output is unlikely to last the summer

ByAngela
bounceback-in-us.-shale-oil-output-is-unlikely-to-last-the-summer

By Jennifer Hiller and Devika Krishna Kumar

HOUSTON/NEW YORK (Reuters) – A reopening of some major economies locked down due to the coronavirus has lifted global oil prices and encouraged U.S. shale producers to return at least a third of the 2 million barrels per day (bpd) curtailed since April.

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