Rystad Energy: royalty exemptions could save US E&Ps from bankruptcies
Despite the recent relative oil price recovery, dozens of US operators are still threatened by bankruptcies even at a WTI oil price of US$30/bbl, according to Rystad Energy.
Despite the recent relative oil price recovery, dozens of US operators are still threatened by bankruptcies even at a WTI oil price of US$30/bbl, according to Rystad Energy.
Oil prices rose today on indications that supply has been sufficiently curtailed to balance demand and on news that US storage filling levels have dropped.