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U.S. projects higher oil output in 2022 from rebounding shale

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hemanthaa@mail.com

Entry posted by hemanthaa@mail.com ·

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The U.S. Energy Information Administration said that recent crude price increases and rig additions will help production in the Lower 48 states begin to rise in the second quarter of this year, with total output nearing 11.5 MMbpd in 2022.

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