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Prosperity postponed: McKinsey

THE game could be over for OPEC if the US’ shale revolution takes off in any other nation, though prosperity is yet to arrive for the country’s oil field services equipment [OFSE] segment, McKinsey says.

Prosperity postponed: McKinsey

The world watched as OPEC struggled to enforce policy, finally agreeing to extend its November 30 agreement out to April 2018, but US shale players have exposed the cartel's failure to assert market control....

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