As Crude Fades, Big Oil Must Borrow to Pay Investors
Share buybacks have become a cornerstone of Big Oil's strategy as the post-Covid commodities rally spurred record profits and provided an opportunity to court investors betting against a fast energy transition.
Share buybacks have become a cornerstone of Big Oil's strategy as the post-Covid commodities rally spurred record profits and provided an opportunity to court investors betting against a fast energy transition.
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