U.S. Oil Prices Drop Below $40 for First Time Since 2009

21 Friday Aug 2015

Posted by David Sturtz in U.S. Oil Prices Drop Below $40 for First Time Since 2009

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IFTTT, NYT > Business Day

The rise in rigs, which is emerging now after a second quarter lull in prices, is adding to concerns American shale production is proving slow to respond to falling prices, prolonging a global glut.

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