Debt-Laden Oil Majors in Retreat Mode Even as Crude Rallies By Bloomberg
(Bloomberg) -- The wreckage of 2020 still looms large in the boardrooms of Big Oil as executives this week laid out deep spending cuts and plans to repay stubbornly-high debt even as crude rallies to the highest in more than a year. Royal Dutch Shell (LON:RDSa) Plc on Thursday added itself to the growing list of supermajors to post disappointing fourth quarter results....
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