OPEC Discusses Oil Market With U.S. Shale Executives

OPEC officials and U.S. shale industry executives met at the CERAWeek conference this week to discuss the situation on global oil markets, and the results of the meeting do not seem particularly encouraging. According to a Reuters report, several senior executives from U.S. shale had dinner with OPEC's outgoing secretary general, Mohammed Barkindo, including the chief executives of Hess Corp., EQT Corp, and Chesapeake Energy. The report quoted Barkindo as saying one of the topics of discussion had been U.S. shale majors' decision to continue returning…