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Oil price crash forces Premier to cut spending by 40% - BBC News
BBC News | Oil price crash forces Premier to cut spending by 40% BBC News The crash in oil prices has forced oil and gas explorer Premier Oil to cut spending on development next year by 40%. And it has said it will write off some $300m in its 2014 results, due out next month. Development spending on new oil fields next year ... Plummeting oil price explained in four graphs Euro pressured, oil slide a boon for bonds Will policymakers 'look through' lower oil prices? |
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