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Billions in impairments, spending cuts expected in oil earnings - Chron.com (blog)
Chron.com (blog) | Billions in impairments, spending cuts expected in oil earnings Chron.com (blog) The 10 largest American shale oil producers had an operating cash flow shortage of $32 billion in the first half of the year, according to consultancy Oliver Wyman, and they were about $20-a-barrel short of covering their funding requirements. More ... |
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