U.S. shale rigs nearing record low as drillers conserve cash

*Oil rigs fall by 8 to 392, lowest since December 2009 *Oklahoma shale play bucks trend by adding 5 oil rigs 05 March 2016, London — The relentless idling of U.S. oil and gas rigs is approaching a historical low as shale drillers struggle to stay afloat in a deepening downturn. A price crash caused […] More »