OEF Rapid Review Articles
Three major U.S. shale oil companies have slashed their 2016 capital spending plans more than expected in a bid to survive $30 a barrel oil prices, with one of them saying prices would need to rise more than 20% just to turn a profit.
World Oil
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U.S. shale firms, struggling to profit with $30 oil, slash spending more
LINK TO THE SOURCE ARTICLE:
U.S. shale firms, struggling to profit with $30 oil, slash spending more