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U.S. Oil Services Industry Will Be 'Crushed' Without Cuts, Parsley CEO Says

U.S. Oil Services Industry Will Be 'Crushed' Without Cuts, Parsley CEO Says Apr.07 -- Parsley Energy Inc. is willing to cut production 20% if others in the oil services industry cut output too, Chief Executive Officer Matt Gallagher says in an interview with Bloomberg's Alix Steel on "Bloomberg Daybreak: Americas."

Bloomberg,

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