US idles 44 rigs amid price drop

Falling count come as producers have slashed spending in response to sharply lower oil prices

Price drop: Operators responding with cuts to activity — Price drop: Operators responding with cuts to activityPhoto: AP/SCANPIX

Kathrine Schmidt

Texas New Mexico Oklahoma Louisiana Shale

Published 27 March 2020, 17:27Updated 27 March 2020, 18:01