EIA: early 2020 drop in crude oil prices led to write-downs of US oil producers’ assets
According to publicly filed financial statements, 40 US oil producers collectively wrote down US$48 billion worth of assets in 1Q20.
According to publicly filed financial statements, 40 US oil producers collectively wrote down US$48 billion worth of assets in 1Q20.
Thirteen teams of association members and staff working collaboratively to form a new combined organisation.