Should oil markets prepare for a return of US shale – OilPrice.com
Should oil markets prepare for a return of US shale – OilPrice.com
The 2020 crisis brought an abrupt halt to the growth of US crude oil production, which had just hit 13 million barrels per day (bpd) before oil prices and demand collapse as the pandemic spreads. Between March and May 2020, U.S. oil production plunged more than 2.5 million bpd as companies cut spending on drilling […]
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