Early Signs Of A Pullback In Drilling Activity
Washington DC (SPX) Nov 14, 2014 - By Nick Cunningham of Oilprice.com With oil prices low and showing no sign of an immediate rebound, the industry is beginning to pull back on spending. Oil prices have dropped around 30 percent since summer highs, raising fears among producers across the globe. Yet, many oil majors are relatively diversified, with large holdings downstream. For example, ExxonMobil and Chevron have been in ... more
No comments:
Post a Comment