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U.S. Oil Is Skipping the Chance to Grab Market Share From the Gulf

U.S. oil production is expected to grow only modestly next year as companies hesitate to spend more in an uncertain market.

Β© Arathy Somasekhar/Reuters

Smaller U.S. oil producers are starting to drill more wells, but big companies like Exxon Mobil and Chevron have said they are not changing their plans as a result of the war with Iran.
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