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Oil becoming 'mundane return-on-capital' business - The Australian Financial Review

The Australian Financial Review

Oil becoming 'mundane return-on-capital' business
The Australian Financial Review
"Having to do things like drill in the Arctic" and "deal with Mr. Putin" are some of the reasons hedge fund manager Jim Chanos said he's "really negative" on integrated oil companies. "They're replacing $20 oil with $80 oil, that's the problem," Chanos ...

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