The oil industry shed 51,000 US jobs in March

Workers monitor data on computer screens aboard the Maersk Invincible rig, operated by Maersk Drilling Services A/S, on the Valhall field in the North Sea off the coast of Stavanger, Norway, on Wednesday, Oct. 9, 2019. The boss of Maersk Drilling is in no rush to make acquisitions because he believes a rout in equity prices for offshore drillers has further to go. Photographer: Carina Johansen/Bloomberg
Workers monitor data on computer screens aboard the Maersk Invincible rig, operated by Maersk Drilling Services A/S, on the Valhall field in the North Sea off the coast of Stavanger, Norway, on Wednesday, Oct. 9, 2019. The boss of Maersk Drilling is in no rush to make acquisitions because he believes a rout in equity prices for offshore drillers has further to go. Photographer: Carina Johansen/Bloomberg