NYT: US oil companies have to cut spending due to low oil prices | Report.az

US oil companies are pulling back as lower commodity prices take a toll, Report informs via The New York Times. After two months of crude oil prices hovering around $60 a barrel, companies are shutting down drilling rigs and laying off work https://report.az/en/other-countries/nyt-us-oil-companies-have-to-cut-spending-due-to-low-oil-prices