02 April 2016, Bengaluru — As oil prices nosedived by two-thirds since 2014, a belief took hold in global energy markets that for prices to recover, many U.S. shale producers would first have to falter to allow markets to rebalance. With U.S. oil prices now trading below $40 a barrel, the corporate casualties are already […] More »
As U.S. shale drillers suffer, even the bankrupt keep pumping oil
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