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home / news releases / CRAK - U.S. considering paying drillers to leave oil in the ground - Bloomberg

CRAK - U.S. considering paying drillers to leave oil in the ground - Bloomberg

VanEck Vectors Oil Refiners
  • The Trump administration is considering paying U.S. oil producers to essentially stop producing, in a bid to help alleviate the oversupply in the market that has pushed crude prices to 18-year lows, Bloomberg reports.
  • More news on: Energy Select Sector SPDR ETF, SPDR S&P Oil & Gas Exploration & Production ETF, Vanguard Energy ETF, Energy stocks news, Commodities news, News on ETFs,
    • Read more ...
Stock Information
Company Name: VanEck Vectors Oil Refiners
Stock Symbol: CRAK
Market: NYSE
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