Donald needs a higher price to drive US oil production significantly higher
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Donald needs a higher price to drive US oil production significantly higher

Easing a bit towards the 80-line this morning following recent strong gains.

Brent crude gained another 1. 3% last week with a close of USD 80.

79/b.

It reached a high of USD 82.

63/b last Wednesday.

This morning it is inching down 0.

3% to USD 80.

5/b.

Donald needs a higher oil price to get another US shale oil.

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