US Shale Companies to Boost Oil Output by 500,000 bbl/d by Month-end - je.st - US Shale Companies to Boost Oil Output by 500,000 bbl/d by Month-end

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US Shale Companies to Boost Oil Output by 500,000 bbl/d by Month-end

2020-06-17 18:46:30| OGI

U.S. producers cut supply by roughly 2 MMbbl/d, but the recovery in benchmark oil prices to around $40 per barrel makes some shale output profitable again.

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