Oil Price Wars
The Latest
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Historic OPEC Deal Puts An End To Global Oil Price War
OPEC, Russia, and other major oil producers have agreed to cut production as part of the historic deal. OPEC, Russia, and other major oil producers have agreed to cut production as part of the historic deal. -
Exxon To Cut 30 Percent Off Spending Amid Global Oil Price Crisis
After holding off on imposing spending cuts, Exxon has finally given in and announced that it will cut spending by $10 billion this year. After holding off on imposing spending cuts, Exxon has finally given in and announced that it will cut spending by $10 billion this year. -
Nigeria Responds To Oil Price War By Ramping Up Production And Reducing Prices
In response to the oil price and demand slump, Nigeria announced that it will be offering massive discounts and pumping oil at maximum levels. In response to the oil price and demand slump, Nigeria announced that it will be offering massive discounts and pumping oil at maximum levels. -
CNOOC To Cut Production And Spending As Oil Price War Continues
CNOOC officials stated that just like other oil companies, it has now been forced to implement such measures to cope with the worsening state of the global oil and gas industry. CNOOC officials stated that just like other oil companies, it has now been forced to implement such measures to cope with the worsening state of the global oil and gas industry.