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Home>UPDATE: Commodity crunch to cut resource firms' capex by double digits

UPDATE: Commodity crunch to cut resource firms' capex by double digits

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Mon, 3 Aug 2015

By Carla Mozee, MarketWatch Exxon, Freeport-McMoRan among companies to cut spending Expect a double-digit percentage drop this year in capital investment by commodity producers, a decline that highlights the pain inflicted by falling prices on natural-resources firms, according to a new Standard &
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