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Oil majors gushing in cash despite cheap crude
Kindly Share This Story:The prospect of crude remaining near the current $50 level is no longer a doomsday scenario for the world’s oil majors whose latest earnings announcements show that cost-cutting lets them turn a profit even at these price levels. BP, Chevron, ExxonMobil, Shell and Total have all published results in recent days, showing…
Benjamin Ameh