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WSJ on Total Cuts - Printable Version

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WSJ on Total Cuts - Putncalls - 08-05-2015

"Total SA of France said this year it had cut its break-even oil price by more than a third, to $70 a barrel from $110 last year."

I guess their best guys are going to vie for a juicy low cost project. Looks bullish for IOC!!

http://www.wsj.com/articles/oil-companies-spending-cuts-unlikely-to-be-enough-1438720142?ru=yahoo?mod=yahoo_itp&mg=id-wsj