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OPEC role to endure after US plateau: WoodMac

DESPITE the continued ascendency of US shale oil and an expected recovery in conventional projects elsewhere, Wood Mackenzie predicts OPEC will maintain its role as a key global oil supplier through to 2040.

James Bowen
OPEC role to endure after US plateau: WoodMac

  The global consultancy's new Macro Oils Long-Term Outlook predicts production from the lower 48 US states will continue to grow through the medium term but plateau at crude and condensate output of...

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