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Oil investors expect better returns, not production growth

They want oil explorers to focus less on funding new wells and instead boost value for shareholders

US oil producers are expected to post improved earnings this week - not so much because things are looking up, but because they have learnt how to do more with less, boosting well output with better technology and smarter planning.


US shale drillers are stepping on the brakes in the wake of a growing investor revolt that has held down company values, even as they have scored historic production numbers.

The evidence is stacking up: The latest rig count showed the biggest one-week drop in the Permian...

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