Skip to main content

UPDATE 2-Marathon Oil cuts spending by about 30% as crude prices slump

Marathon Oil Corp said on Tuesday it has scaled back drilling activity and cut spending by at least 30% from a year earlier, as shale producers scramble to shore up cash and reassure investors following a crash in oil prices.
Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.