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Oil Alerts
Crude Alert - US Crude Update: Production Costs, Hedging & Supply Outlook
Published: 23 June, 2020
Highlights:
- Tight oil has a dimmer switch – prices between $25-35/bbl see it in action
- Fifty’s the new Sixty – US production costs to be trimmed further
- Hedging exposure shows E&Ps accepting a sub-$50/bbl world
- Production Trends: Rapidly-reducing decline rates make monthly gains easier
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