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Oil drillers hunker down for more pain one year into bear market - Economic Times
OilPrice.com | Oil drillers hunker down for more pain one year into bear market Economic Times In the past five months, US production sank by 590,000 barrels a day, or more than 6 per cent. The bad news: Drillers are cutting costs with a speed and brutality not seen in decades, enabling many oil producers to maintain output even as prices remain ... Oil Fundamentals Improve But Inventories Will Keep Prices Low US shale oil stares into abyss with Opec ready push it over Oil down, snaps three-day rally after big US crude build |
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