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News & Press: Industry News

U.S. shale oil producers pummeled after OPEC decision

Thursday, December 10, 2015  
Posted by: Alisa Allen

Fears low oil prices will persist for years sent shares of U.S. crude producers tumbling Friday after OPEC failed to agree on a unified output cap, effectively letting its 13 members pump at will under a policy aimed in part at squeezing out U.S. rivals. 

http://triblive.com/business/headlines/9569314-74/oil-opec-prices#axzz3twKnYK4U


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