Aramco Cuts CapEx By $10 Billion As Profits Plunge
Mar 15th 2020 11:48am EDT
Aramco Cuts CapEx By $10 Billion As Profits Plunge In the aftermath of Saudi Arabia’s declaration of an oil price war last weekend, which sent the price of crude tumbling about 30% overnight, and making profitability life for US E&P companies virtually impossible, it didn’t take long for US shale producers to take the hammer […]
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