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Tag Archives: U.S. shale output

Oil prices tumble: noise or fundamentals? Kemp

(John Kemp is a Reuters market analyst. The views expressed are his own) LONDON – Brent futures prices tumbled more than 6 percent on Monday, a highly unusual move that has raised questions about whether shifting fundamentals will send the market even lower over the coming months. Over the last month, front-month prices have dropped 17 percent, breaking out of ...

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IEA sees new era, no quick rebound in oil prices

A pump jack is seen at sunrise near Bakersfield, California October 14, 2014. REUTERS/Lucy Nicholson/Files

LONDON- The oil market has entered a new era with lower Chinese economic growth and booming U.S. shale output, making a return soon to high prices unlikely, the West’s energy watchdog said on Friday. The International Energy Agency, which typically refrains from predicting oil prices, said in its monthly report that prices could fall further in 2015 after declining to ...

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