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Shale boom, oil price dominate Houston energy conference

Opec reaches out to US shale producers at CERAWeek to hold global prices but cartel is fighting a losing a battle

(From left) Fatih Birol, executive director of the International Energy Agency, Opec sec-gen Mohammed Barkindo, and Daniel Yergin, vice-chairman of IHS Markit, at a panel discussion at the annual CERAWeek energy conference in Houston, Texas.


THE world's largest oil producers appealed to US shale producers to join their efforts to hold global prices at current levels at a major energy conference on Monday, as the boom in shale is continuing to undermine Opec's production curbs.

The Organization of the Petroleum...