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Chevron, Exxon Shrink Spending as Coronavirus Cuts Demand

By Jennifer Hiller, Arathy S Nair and Shariq Khan Oct 30 (Reuters) – U.S. oil majors Chevron Corp and Exxon Mobil Corp cut spending aggressively in the third quarter in a race to offset weak trends in fuel demand caused by the COVID-19 pandemic, though the former managed a slim profit. Exxon posted its third […]

WP_Post Object ( [ID] => 233712 [post_author] => 4 [post_date] => 2020-10-30 21:47:13 [post_date_gmt] => 2020-10-30 21:47:13 [post_content] => Offshore Oil Rig At NightBy Jennifer Hiller, Arathy S Nair and Shariq Khan Oct 30 (Reuters) – U.S. oil majors Chevron Corp and Exxon Mobil Corp cut spending aggressively in the third quarter in a race to offset weak trends in fuel demand caused by the COVID-19 pandemic, though the former managed a slim profit. Exxon posted its third […] [post_title] => Chevron, Exxon Shrink Spending as Coronavirus Cuts Demand [post_excerpt] => By Jennifer Hiller, Arathy S Nair and Shariq Khan Oct 30 (Reuters) – U.S. oil majors Chevron Corp and Exxon Mobil Corp cut spending aggressively in the third quarter in a race to offset weak trends in fuel demand caused by the COVID-19 pandemic, ... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => chevron-exxon-shrink-spending-as-coronavirus-cuts-demand [to_ping] => [pinged] => [post_modified] => 2020-10-30 21:47:13 [post_modified_gmt] => 2020-10-30 21:47:13 [post_content_filtered] => [post_parent] => 0 [guid] => https://gcaptain.com/?p=143884 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )