US drillers won't generate 'meaningful' returns unless oil stays above $50 a barrel, says Moody's – CNBC


CNBC
US drillers won’t generate ‘meaningful’ returns unless oil stays above $50 a barrel, says Moody’s
CNBC
Drillers need prices to stay above $50 a barrel for oil and $3 per mmBtu for natural gas in order to make a significant return on capital, Moody’s says. Producers have driven down costs, but capital efficiency now depends on higher oil and gas prices

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