Nov. 02, 2020

With no cuts left to make, Big Oil sits and waits for a recovery

Article by Bloomberg

It was Andrew Swiger, the chief financial officer at Exxon Mobil Corp., who summarized the attitude of the whole industry after Big Oil ended reporting another dismal set of quarterly earnings: “Prices will have to rise.” After months of low oil…

You must log in to see the rest of this article.