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Large U.S. oil producers are cutting shale spending despite high crude prices, using stronger profits to boost shareholder returns and reduce debt instead of ra

BWB News TV • 2026-08-14 14:07 UTC • By Billy Odell Tucker-Robinson
Large U.S. oil producers are cutting shale spending despite high crude prices, using stronger profits to boost shareholder returns and reduce debt instead of ra
Large U.S. oil producers are cutting shale spending despite high crude prices, using stronger profits to boost shareholder returns and reduce debt instead of raising output.
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