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U.S. shale output seen posting 12th straight rise in December: EIA


U.S. shale production for December is expected to rise for a 12th consecutive month, the U.S. government said on Monday, as oil prices remain near their mid-2015 highs. 

Total shale output is estimated to rise by more than 80,000 barrels per day (bpd) to 6.17 million bpd, the U.S. Energy Information Administration said during its monthly drilling productivity report.

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