Historic Oil Rout Poised to Bust Shale

An ancient crash in crude costs is riding US shale into full-on retreat. With operators halting new drilling and shutting in antique wells moves that would reduce output. By way of 20% for the world’s largest producer of oil. For shale companies, the rate of west texas intermediate crude went. From hunker-down-and-trip-it-out mode to crisis … Read more

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