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

(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...
BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.