U.S. Oil Output to Fall Next Year for the First Time Since 2016
A worker uses machinery to handle oil pipes at the turntable on a drilling rig (Photographer: Andrey Rudakov/Bloomberg)

U.S. Oil Output to Fall Next Year for the First Time Since 2016

(Bloomberg) -- The world’s biggest oil producer will see a drop in output next year as a result of the dramatic collapse in prices that’s already forcing drillers to cut back on capital spending.
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