Dec 6th 2014: Sheikhs v shale

Question 1

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Answer 1

business will go bust

Question 2

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Answer 2

stabilisation of prices

Question 3

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Answer 3

a barrel of oil

Question 4

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Answer 4

price begin to slide

Question 5

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Answer 5

sluggish world economy

Question 6

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Answer 6

mail culprits

Question 7

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Answer 7

previously considered unviable

Question 8

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Answer 8

manic drilling

Question 9

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Answer 9

boost oil production

Question 10

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Answer 10

tip the world from a shortage of oil to a surplus

Question 11

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Answer 11

adrenalin to global growth

Question 12

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Answer 12

enjoy big windfalls

Question 13

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Answer 13

stashed in a sovereign-wealth fund

Question 14

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Answer 14

put off raising interests

Question 15

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Answer 15

ward off deflation

Question 16

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Answer 16

rouble tumbled this week as Russia’s prospects darkened further

Question 17

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Answer 17

spectre of defaults

Question 18

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Answer 18

unnerve financial markets

Question 19

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Answer 19

tussle between OPEC and the shale-drillers

Question 20

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Answer 20

member of cartel

Question 21

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Answer 21

push a different tactic

Question 22

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Answer 22

crimp supply

Question 23

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Answer 23

shake-out

Question 24

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Answer 24

swoon

Question 25

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Answer 25

derricks in debt

Question 26

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Answer 26

overstretched

Question 27

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Answer 27

a rash of bankruptcies

Question 28

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Answer 28

bespatter shale oil’s reputation among investors

Question 29

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Answer 29

rein in their expenditure

Question 30

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Answer 30

shake-out

Question 31

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Answer 31

The firms that weather the current storm

Question 32

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Answer 32

pliable bureaucrats

Question 33

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Answer 33

come in conveniently small increments

Question 34

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Answer 34

hire ew rigs

Question 35

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Answer 35

crank up the bottling plant

Question 36

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Answer 36

overdue implosion

Question 37

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Answer 37

marginal producer

Question 38

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Answer 38

genuine rivals