Layoffs, dividend cuts, and budget reductions: We're tracking how 18 oil giants from Shell to Exxon are responding to the historic oil price meltdown

Business Insider

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· The novel coronavirus continues to cripple global oil demand, causing the price to collapse by as much as 75% since the start of the year, with some futures going negative for the first time in history.
· Oil giants are among the companies hurting the most. Most shale oil producers need prices in the $40s to turn a profit,...

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