Shale giant Continental slashes output by 30%

US independent also to suspend dividend amid Covid-19 crisis

Continental cuts: US independent says it will shut in 30% of production in April and May — Continental cuts: US independent says it will shut in 30% of production in April and MayPhoto: AFP/SCANPIX

Kathrine Schmidt

Houston

Published 8 April 2020, 18:03Updated 8 April 2020, 20:32

US Continental Resources IHS Markit Daniel Yergin Texas Railroad Commission