U.S. Shale Companies Are Turning the Oil Taps Back On

As oil approaches $40 a barrel, companies are bringing wells back online, even as the market continues to recover from the demand drop caused by the coronavirus American oil producers are reopening the spigots, complicating the crude market’s recovery. Scores of shale drilling companies turned off wells to reduce output when U.S. oil prices fell … Continue reading U.S. Shale Companies Are Turning the Oil Taps Back On