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BP cuts costs, bracing for $60 barrel oil until 2017 - CNBC
CNBC | BP cuts costs, bracing for $60 barrel oil until 2017 CNBC BP, the U.K. oil giant, is slashing costs as it prepares for a long-term low oil price environment. The company is now planning for around $60 per barrel price for Brent crude until at least 2017, after a sustained fall in the price of the commodity ... The North Slope puzzle: more gas means less oil |
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