Oil Prices Dropped 18%, Helping Drivers, but Squeezing the Industry

Published 23 hours ago
Source: rss.nytimes.com
Oil Prices Dropped 18%, Helping Drivers, but Squeezing the Industry
Absent a meaningful upswing in prices, U.S. oil production is likely to level off, if not decline, executives said.

Categories

Oil (Petroleum) and GasolineUnited States Politics and GovPrices (Fares, Fees and Rates)United States EconomyProductionLayoffs and Job ReductionsNatural GasInternational Trade and World Organization of the Petroleum Trump, Donald J