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Oil majors face downgrades if crude prices don't pick up: S&P - Reuters
Reuters | Oil majors face downgrades if crude prices don't pick up: S&P Reuters LONDON (Reuters) - Big oil firms would face increased credit rating downgrade pressures if crude prices stayed below $50 a barrel on average until the end of 2018 and they did not compensate by cutting costs, S&P Global said on Wednesday. S&P currently ... Oil Majors Face Ratings Cuts Amid Weak Recovery, S&P Global Says |
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