KM Financial Solutions | Oil majors spending ‘sweet spot’ to last to 2020 -BlackRock
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Oil majors spending ‘sweet spot’ to last to 2020 -BlackRock

Oil majors spending ‘sweet spot’ to last to 2020 -BlackRock

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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