Last updateFri, 14 Aug 2020 6pm

End-User News

Shale Work Up in U.S. Despite Oil Prices

“Oil producers again boosted U.S. drilling this week despite the biggest quarterly drop in oil prices since 2014,” Bloomberg reports.

“Still, drilling activity may be poised to slow as producers including Diamondback Energy Inc. and Parsley Energy Inc. scale back spending in response to the lowest crude prices in more than a year.” 

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