Industry battles to beat price war and Covid-19

Companies take drastic measures as they are hammered by coronavirus fallout and a flood of cheap oil from the Saudi Arabia-Russia price war

Capex cut: Saudi Aramco chief executive Amin Nasser — Capex cut: Saudi Aramco chief executive Amin NasserPhoto: REUTERS/SCANPIX

Nassir Shirkhani

London

Saudi Arabia Russia ExxonMobil Saudi Aramco Chevron

Published 19 March 2020, 10:37Updated 19 March 2020, 10:37