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(Bloomberg) Oil production in the US this year will increase faster than previously expected, helping cushion global supplies as OPEC and its allies restrict output, according to government forecasts.Most Read from BloombergStock Traders Bracing for Worst Shrug Off Hot CPI: Markets WrapOne of the Most Infamous Trades on Wall Street Is Roaring BackUS Core Inflation Tops Forecasts Again, Reinforcing Fed CautionChina Has Never Canceled This Many Shipments of US WheatNY Says Trump Should Post Ful

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