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US bid for oil supremacy shakes market

Shale boom sharply cuts America's crude imports, freeing up oil for overseas markets and putting pressure on Opec

Published Wed, Oct 15, 2014 · 09:50 PM
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PROPELLED by surging shale output, the United States is fighting for supremacy in the global oil market even as a pullback in crude prices threatens to challenge the boom.

The US, which only a few years ago seemed to be in …

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