Exxon Cuts 2020 Capex By 30% On Expectations For 25-30% Demand Drop
Apr 7th 2020 8:25am EDT
Exxon Cuts 2020 Capex By 30% On Expectations For 25-30% Demand Drop With oil trading at prices that are uneconomical even for the world’s biggest majors, on Tuesday morning Exxonmobil announced it cut its 2020 Capex by 30% and cash Opex by 15% as the CEO said he expects a record 25-30% demand drop this […]
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