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US land, net expected oil production curtailments as of 6 May 2020 (source: Company reporting, Rystad Energy research and analysis)

US shut-ins double: Company guidance hints 616,000 barrels per day shut during May, 655,000 in June

8 May 2020 Editor 0

US production of 616,000 barrels of oil per day (bpd) will be shut during May and 655,000 bpd during June as a result of the supply-demand imbalance that the COVID-19 pandemic has created, according to […]