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Forum: US unconventional plays still profitable at $80/bbl oil or less

31.10.2014 / Energyboardroom

The US currently dominates global upstream capital spending, and producers in many unconventional plays can still make a profit with futures prices for benchmark light, sweet crude oil fetching a price less than $80/bbl, a Wood Mackenzie Ltd. senior analyst told an oil breakfast forum hosted by consulting firm Decision Strategies.

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