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New Saudi oil boss seen chasing record output to fight shale

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Analysts suggest Mr Al-Falih may take a harder line in upholding the Saudi market share policy within Opec.

Dubai

SAUDI Arabia will probably keep producing crude at near-record levels under its newly appointed oil minister, Khalid Al-Falih, as the world's largest exporter sticks with his predecessor's policy of defending market share against higher-cost shale.

Mr Al-Falih, also chairman