Drilling Sinks to Record U.S. Low With Oil Sector in Retreat
An active oil drilling rig stands in Midland, Texas, U.S, on Thursday, April 23, 2020. Photographer: Matthew Busch/Bloomberg

Drilling Sinks to Record U.S. Low With Oil Sector in Retreat

(Bloomberg) -- Oil and natural gas exploration plunged to an all-time low as the economic and industrial dislocations from the Covid-19 pandemic snuffed out the remnants of the American shale boom.
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