Oil majors spending ‘sweet spot’ to last to 2020 -BlackRock
12 Nov Oil majors spending ‘sweet spot’ to last to 2020 -BlackRock
Posted at 12:44h
in
News
by KMFSLLP
Big Oil is today in a spending
sweet spot as years of cost cuts and rising oil prices converge
but investments will need to rise after 2020 to boost output,
BlackRock, the world’s largest asset manager, said on Tuesday.
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