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EnergyWire headlines —

SPOTLIGHT

1. OIL:

OPEC's power wanes, but shale's impact is unclear

Three weeks after the Organization of the Petroleum Exporting Countries wrapped up its latest meeting in Vienna, the market still hasn't made up its mind about shale oil's effect on the cartel's supremacy. The U.S. shale energy boom has rattled OPEC's grip on setting global crude prices, experts agree, but the extent of the impact is unclear.

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