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Posted by
Two Blokes May 9 -
Filed in
General
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#TwoBlokesTrading
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The decline in oil prices and U.S. shale production potentially peaking by 2026-2027 will shift global oil supply and price volatility. CEOs of Occidental Petroleum and Diamondback highlight the economic and geological challenges now facing U.S. shale, predicting the arrival of peak U.S. oil production.