A pump jack in Midland, Texas. Supply is likely to decline by 7.1m bpd this year, and rise by 1.6m bpd in 2021, according to the IEA. Reuters
A pump jack in Midland, Texas. Supply is likely to decline by 7.1m bpd this year, and rise by 1.6m bpd in 2021, according to the IEA. Reuters
Oil drilling touches a 15-year low as shale exploration falls
The number of active oil rigs in the US fell by four to 176, the lowest since 2005
