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Chevron, Exxon Cut Spending on Oil Price Slide - Wall Street Journal
Wall Street Journal | Chevron, Exxon Cut Spending on Oil Price Slide Wall Street Journal As costs to drill and pump oil and gas continue to fall in the low-price oil environment, the biggest U.S. oil company said it expects to shave another $1 billion off its capital expenses and $7 billion from its operating expenditures. “We're always ... Low oil price takes big bite from Chevron, Exxon earnings Chevron slashes 2016 budget to weather low oil prices Chevron and ExxonMobil profits dive amid oil price rout |
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