Headline Details

U.S. oil output may stall in late 2015 as prices plunge - IHS

Published on: Tue, 03 Feb 2015 16:56:03 UTC
News Agency: Reuters
Description:
NEW YORK, Feb 3 (Reuters) - U.S. oil production may stop growing in the second half of this year and could fall in 2016 as low oil prices make the majority of oil wells uneconomic, according to a report released on Tuesday by IHS Inc energy analysts.

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