Saudi Aramco slashes investment budget during oil price war

The Saudi oil company holds back on investments for 2020 as it batters its hatches for a drawn-out oil price war and associated substandard revenue. 
Photo: FAYEZ NURELDINE/AFP / AFP
Photo: FAYEZ NURELDINE/AFP / AFP
BY RITZAU FINANS

Saudi Aramco is preparing for a long oil price war and will now limit its 2020 investments, reports Financial Times.

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