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Oil giants' production cuts come to 1 million bpd as they post massive writedowns

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The world's five largest oil companies collectively cut the value of their assets by nearly $50 billion in the second quarter, and slashed production rates as the coronavirus pandemic caused a drastic fall in fuel prices and demand.

from Top Business News- News18.com
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Oil giants' production cuts come to 1 million bpd as they post massive writedowns Oil giants' production cuts come to 1 million bpd as they post massive writedowns Reviewed by Team Exprssnews on August 08, 2020 Rating: 5

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