Showing posts with label Resilient. Show all posts
Showing posts with label Resilient. Show all posts

Monday, June 20, 2016

Resilient U.S. oil companies start pumping again

Resilient U.S. oil companies start pumping again


Now that prices have rallied back to $ 50, there are signs that U.S. oil production is on the rise too. The closely-watched Baker Hughes oil rig count is up for three-straight weeks, the longest streak since last August.


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