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IPFS News Link • Oil

Exxon Sees A Decade Of Pain: Cuts Oil Price Forecast As Much As 17% For Next Seven Years

• https://www.zerohedge.com by Tyler Durden

,,,,according to internal documents seen by the WSJ, the company has lowered its outlook on oil prices for much of the next decade. As part of its internal financial-planning process conducted this fall, Exxon cut its expectations for future oil prices for each of the next seven years by 11% to 17%.

according to internal documents seen by the WSJ, the company has lowered its outlook on oil prices for much of the next decade. As part of its internal financial-planning process conducted this fall, Exxon cut its expectations for future oil prices for each of the next seven years by 11% to 17%.


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