Sinking oil demand, drop in prices put U.S. fracking activity on track for a record monthly decline: report
April 23, 2020 at 15:12 PM EDT
Signs of a further drop in U.S. crude-oil production are everywhere, from a slowdown in fracking activity and sharp weekly declines in the active oil-rig count, to expectations of a May decline for all seven major shale-oil output regions.