U.S. Weighs Paying Drillers to Leave Oil in Ground Amid Glut
A workover rig stands beyond a storage tank battery at a crude oil collection facility in the Bakken Formation outside Williston, North Dakota, U.S. (Photographer: Daniel Acker/Bloomberg)

U.S. Weighs Paying Drillers to Leave Oil in Ground Amid Glut

Bookmark
(Bloomberg) -- The Trump administration is considering paying U.S. oil producers to leave crude in the ground to help alleviate a glut that has caused prices to plummet and pushed some drillers int...
Bloomberg
Missing BloombergQuint's WhatsApp service? Join our Telegram channel or activate Website Notifications.
Stay Updated With Business News On BloombergQuint
Disclaimer