ConocoPhillips on Thursday announced the biggest drop so far, saying it would slash oil output by 200,000 boepd from earlier forecasts. Along with Chevron , which slashed its Permian output by 20% or 125,000 bpd, and Occidental Petroleum , which reduced 2020 output by 85,000 boepd, the three companies account for 410,000 boepd of the reductions announced by U.S. and Canadian companies. …read more
Source:: Yahoo Finance
