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Slipping output, a slump in U.S. fossil-fuel prices and more production from high-cost frontier regions such as ultra deepwater fields off Brazil undercut returns.

Photographer: Rich Press/Bloomberg

Slipping output, a slump in U.S. fossil-fuel prices and more production from high-cost frontier regions such as ultra deepwater fields off Brazil undercut returns.
January 29, 2013
Article
Record Profit Eludes Big Oil as Costs Outpace Brent Gain
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