UPDATE 2-Whiting slashes budget, suspends fracking; shares jump

[ahlam1399]

UPDATE 2-Whiting slashes budget, suspends fracking; shares jump

UPDATE 2-Whiting slashes budget, suspends fracking; shares jump
Feb 24 (Reuters) - **rth Dakota oil producer Whiting Petroleum Corp said on Wednesday it will suspend all fracking and spend 80 percent less this year, the biggest cutback to date by a major U.S. shale company reacting to the plunge in crude prices.

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