FROM THE OIL PATCH

American Oil Drillers Are Facing A Sharp Rise In Costs

American Oil Drillers Are Facing A Sharp Rise In Costs

U.S. oil producers, especially those active in shale, have been hailed for sticking to a strict financial discipline amid the pandemic-driven crisis and for changing their focus from production growth to shareholder returns. Now, things may be about to change—and for the worse. The latest Dallas Fed Survey found that costs in

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