With No Cuts Left to Make, Big Oil Sits and Waits for a Recovery
Crude oil leaks from an oil pumping jack in an oil field Russia. (Photographer: Andrey Rudakov/Bloomberg)

With No Cuts Left to Make, Big Oil Sits and Waits for a Recovery

(Bloomberg) -- It was Andrew Swiger, the chief financial officer at Exxon Mobil Corp., who summarized the attitude of the whole industry after Big Oil ended reporting another dismal set of quarterl...
BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.