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Commentary: Quality vs Quantity – Are global refiners ready for US shale exports?

The growth of oil production from the United States has led to fundamental changes in global oil markets in recent years. Thanks to the shale revolution, the United States is becoming the world’s top oil producer. Growth is led by shale production from the Permian Basin, where output is expected to double within the next five years.

But with this surge, a question is whether this extra oil from the United States is the right kind for global markets and refiners.

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