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KM Financial Solutions | UPDATE 2-U.S. shale producers rush to cut spending, output as oil prices tank
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UPDATE 2-U.S. shale producers rush to cut spending, output as oil prices tank

08 Mar UPDATE 2-U.S. shale producers rush to cut spending, output as oil prices tank

Posted at 17:58h in News by
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U.S. shale producers on Monday
rushed to deepen spending cuts and reduce future production as
oil prices tumbled after OPEC’s decision to pump full bore into
a global market hit by shrinking demand due to the coronavirus
outbreak.

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