Oil Prices Rise as Suppliers Hold Back
U.S. crude oil prices rose above $50 per barrel for the first time since February.
Halliburton Takes $2.2B Charge From Shale Slump
“The U.S. shale industry is facing its biggest test since the 2015 downturn," Halliburton CEO Jeff Miller told analysts.
IEA: U.S. to Drive Oil Supply Growth
Over the next five years, the U.S. will take aim at becoming the top oil exporter, the agency said.