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U.S. oil and gas drilling to lead 2017 global growth

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North American exploration and production companies will spend one-quarter more this year, leading global spending growth among oil and gas companies, according to a new report from Barclays. Spending will increase by 7 percent worldwide, according to the investment bank’s 32nd annual survey of oil production companies, after back-to-back declines of 26 percent in 2015 ...

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