U.S. Slashes 2020 Oil-Output Forecast Ahead of OPEC+ Meeting
A pumpjack operates on an oil well in the Permian Basin near Orla, Texas, U.S. (Photographer: Daniel Acker/Bloomberg)

U.S. Slashes 2020 Oil-Output Forecast Ahead of OPEC+ Meeting

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(Bloomberg) -- The U.S. cut its 2020 oil production forecast by more than 1 million barrels a day, as collapsing crude prices and plummeting demand threaten to shutter production in the country’s b...