You are here

Oil and gas firms cut costs further as recovery falters

Monday, July 24, 2017 - 05:50

BT_20170724_CPOIL24_2997665.jpg
Net income for Exxon is expected to double in the quarter ending June 30 from a year earlier.

London

AFTER a brief respite at the start of the year, the world's top oil and gas companies are set to double down on cost cutting as a recovery in crude prices after a three-year slump falters.

Corporate hopes were raised by a deal between members of the Organization of the

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom