With oil price near $50, resilient U.S. shale producers eye new chapter
June 20, 2016 at 01:01 AM EDT
HOUSTON, June 20 (Reuters) - Two years into the worst oil price rout in a generation, large and mid-sized U.S. independent producers are surviving and eyeing growth again as oil nears $50 a barrel, confounding OPEC and Saudi Arabia with their resiliency.