08 May Big Oil’s Message to OPEC: We’re Making Good Money, Thanks

By hellenicshippingnews.. From Exxon Mobil Corp. to Total SA, the world’s largest listed oil companies have sent a message to skeptical investors and rivals at OPEC: we can get by in a world of $50 a barrel crude. Big Oil generated a gusher of cash in the first quarter. The surge shows how a mix of cost-cutting … Read full story ›

Source:: Hellenic shipping news Oil