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Western oil majors yet to ramp up capex despite higher crude prices

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Saudi Aramco is increasing its capital investment budget for 2022 to around $45 billion, compared to analysts’ consensus expectations of around $36 billion, as it recycles higher profits into efforts…

The post Western oil majors yet to ramp up capex despite higher crude prices appeared first on London Business News | Londonlovesbusiness.com.

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