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Monday, July 27, 2020

U.S. Oil Firms Wrote Down $48 Billion In Assets After Price Crash — Tsvetana Paraskova

 Forty publicly traded U.S. oil producers wrote down a collective US$48 billion worth of the value of their assets in the first quarter of 2020, just after oil prices collapsed, the Energy Information Administration (EIA) said on Monday….
Oilprice
U.S. Oil Firms Wrote Down $48 Billion In Assets After Price Crash

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