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Oil poised for 'perfect storm' as US shale production ramps up

Wed 04 Dec 13 | 06:52 AM ET
OPEC oil ministers are widely expected to hold oil output to nearly 30 million barrels daily after Iran announced it will increase its oil output, reports CNBC's Steve Sedgwick.

Topics:

OPEC  | Saudi Arabia  | Iran  | TVCOMM  | tvbtu Oil and Gas
 
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