U.S. Oil Production Declines
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oil pricesReuters
•Business
Business & Economics
Baker Hughes says oil producers unlikely to increase spending this year

78% Informative
U.S. oil and gas producers unlikely to increase spending this year , Baker Hughes CEO says.
Output increases will primarily come from improved efficiencies rather than new drilling, he says.
President Donald Trump 's administration has exhorted the industry to maximize oil production.
Baker Hughes does not expect to restructure or reduce its workforce currently, he said.
VR Score
88
Informative language
94
Neutral language
53
Article tone
formal
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English
Language complexity
65
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Attention-grabbing headline
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Known propaganda techniques
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Time-value
short-lived
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