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Oil Markets

US Supply Rebound Stays Moderate

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The US shale patch is responding more slowly to market signals than in previous years as investor constraints and cost inflation rein in listed independents. But we see market pressure for faster US growth mounting this year as Russian output declines, Opec-plus hits capacity limits and global demand continues to grow, albeit at a slower pace — a potential fresh challenge to producer discipline.

Topics:
Shale, Offshore Oil and Gas, Oil Supply, Crude Oil, Oil Forecasts
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