Business, Fuel
Oil Production Slumps by Record 40% as Permian Freezes
Total U.S. oil production has plunged by close to 40% — the most ever — as an unprecedented cold blast freezes well operations across the central U.S., according to traders and industry executives with direct knowledge of the operations.
Javier Blas and Sheela Tobben | Bloomberg News
February 17, 2021Follow Us
Trending
Newsletter Signup
Subscribe to Transport Topics
Hot Topics