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UAE warns U.S. shale producers against flooding market with oil

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hemanthaa@mail.com

Entry posted by hemanthaa@mail.com ·

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With demand still fragile, shale companies “are wise not to jump the gun and overproduce during the recovery year,” UAE Energy Minister Suhail Al Mazrouei said in an interview, adding they “need to be careful not to flood the market.”

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