Layoffs, furloughs, and spending cuts: We're tracking how oil giants from Exxon to Halliburton are responding to the historic price shock

Business Insider

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· The novel coronavirus continues to cripple the global demand for oil, driving down the price to 17-year lows.
· Oil companies are among those that will be hurt the most. The breakeven oil price for an average company's cash flow is $25, about where the US benchmark has hovered this week. 
· Many oil and gas giants have...

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