Texas Oil Regulator Dismisses Decision to Cut Oil Production Amid COVID-19 Pandemic

WASHINGTON (Sputnik) - Texas Railroad Commission (TRC) Chairman Wayne Christian said during a TRC meeting on Tuesday that cutting oil production in the state would not help stabilise the market, so the decision to have proration was dismissed...

Texas Oil Regulator Dismisses Decision to Cut Oil Production Amid COVID-19 Pandemic
WASHINGTON (Sputnik) - Texas Railroad Commission (TRC) Chairman Wayne Christian said during a TRC meeting on Tuesday that cutting oil production in the state would not help stabilise the market, so the decision to have proration was dismissed by the oil regulators.