Oil production from the United States' biggest shale plays is poised to keep expanding at the same breakneck pace into early next year, according to new U.S. projections released on Monday that highlighted a slow response to tumbling prices.
Asian buyers imported less than 1 million barrels per day of Iranian crude for the first time this year in August as China's buys hit the lowest since the easing of Western sanctions, although intake was still up 6.4% from a year ago.
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