Oil industry needs $70/barrel to grow production, executives say - Reuters
Oil industry needs $70/barrel to grow production, executives say Reuters
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Notable Quotes
"We are going to need $70 oil to continue to grow."
— Vicki Hollub , Executive
"$70 is the sweet spot."
— Scott Sheffield , Executive
"We are going to need $70 oil to continue to grow."
— Vicki Hollub , Executive
"$70 is the sweet spot."
— Scott Sheffield , Executive
"The industry needs $70/barrel to grow production."
— Occidental CEO , Executive
Key People
Former president of the United States known for his aggressive economic policies.
The CEO of Occidental Petroleum Corporation.
Scott Sheffield is the founder of Pioneer Natural Resources.
Vicki Hollub is the CEO of Occidental Petroleum.
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<a href="https://news.google.com/rss/articles/CBMitgFBVV95cUxNZjF2dXNldW9rRTVDWURMem5hcjVkRXRTaU1OUVdFUTBCcm9kMlZjakRDaDdpR3R0ZEtBazhhaXNpQ1pqeC1JT2lWVXdtRWNuYW9HNXlFc0RoUTFKQ0p0OExDX0Rib2dZVkkzTVA0QXpid2diVEFzS1N0a3pUUW9hQ2xBZ2phQWtWYWhUUnhJOEt6bC1ZWEJpV3JuVEFSR2NjZ0Zfbk1wZmo3Y2ZSZFdvc0F3OUZMdw?oc=5" target="_blank">Oil industry needs $70/barrel to grow production, executives say</a> <font color="#6f6f6f">Reuters</font>
Executives from Occidental Petroleum and Pioneer Natural Resources state that sustained oil prices at $70 per barrel are necessary for the oil industry to increase production.
Vicki Hollub, CEO of Occidental Petroleum, emphasizes that the oil industry requires crude prices to rise and sustain at $70 per barrel to grow output.
Executives from Occidental Petroleum and Pioneer Natural Resources highlight the necessity of $70 per barrel oil prices for the oil industry to increase production.
Vicki Hollub, CEO of Occidental Petroleum, states that the oil industry requires crude prices to rise and sustain at $70 per barrel to grow output.
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