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What oil prices do L48 producers need to fund the growing call on US supply?

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If the US tight-oil sector is relied upon to grow oil supply to meet our forecast for global demand, US onshore producers need the oil price to rise by 2019. But the extent to which the oil price will need to rise is dependent upon corporate behaviour and evolving conditions of M&A and capital markets. 

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    What oil prices do L48 producers need to fund the growing call on US supply.pdf

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