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Follow The Money: $33 Billion Cut From Oil
Views: 305
Feb 26 2015 01:40 PM | eds in Economy & Politics
Capex Tracker,
. . . (a new tool developed to monitor global oil investment)
. . . recorded a 10%, nearly $33 billion cut in capital expenditure,
. . . from some of the world’s biggest oil companies since 2013,
. . . adding weight to analyst predictions,
. . . that investment in the increasingly volatile market will fall by,
. . . 2/3 over the next few years.
02-26-2015 Source: $33 Billion Cut from Oil
. . . (a new tool developed to monitor global oil investment)
. . . recorded a 10%, nearly $33 billion cut in capital expenditure,
. . . from some of the world’s biggest oil companies since 2013,
. . . adding weight to analyst predictions,
. . . that investment in the increasingly volatile market will fall by,
. . . 2/3 over the next few years.
02-26-2015 Source: $33 Billion Cut from Oil