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Qatar Says Oil Market Can Cope With Higher Shale Production
Higher oil prices might boost shale oil production but the global oil market could accommodate this as demand remained healthy, Qatar’s energy minister said yesterday. “The market is gradually accommodating for shale oil as well as shale gas – the demand is healthy. With that continuous demand increase, I think all available oils are going to be accommodated,” Mohammed al-Sada said in Doha. Full investment news article
Tata Steel Agrees Deal To Sell UK Assets
Tata Steel (BSE: TATASTEEL.BO - news) has agreed a deal to sell of its speciality steel assets to metal processing firm Liberty House, the Indian group said Thursday. Full investment news article