U.S. oil drillers cut the most rigs in a week in nearly 5 yearsChristian Fernsby ▼ | March 27, 2020
U.S. energy firms cut the most oil rigs since April 2015, removing rigs for a second week in a row.
Oil drillers Permian Basin
Topics: U.S. oil Drillers cut 40 oil rigs in the week to March 27, bringing the total count down to 624, the lowest since March 2017, Baker Hughes said. ■