Global oil and gas industry’s earnings to remain flat though June ’21; capital spending to decline further – Moody’s

Earnings before tax and depreciation (EBITDA) of the global oil and gas industry will be flat through to June next year and capital spending is likely to further decline, according to Moody’s. After an almost 70% drop in aggregate EBITDA in the second quarter of the fiscal year, the industry’s operational performance will likely see a gradual and uncertain […]

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