US oil is keeping Opec on its toes
FT News Briefing
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U.S. Oil Production's Impact on Global Markets
This chapter examines the resurgence of U.S. oil production post-pandemic, addressing its impact on global markets and the challenges posed by fluctuating interest rates. It also highlights the competitive dynamics with OPEC as the U.S. ramps up production to over 13 million barrels a day.
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