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IOC’s See Revenues Soar In 2018 But Keep Lid On Capex ($BN, EIA Analysis)

21 Dec 2018 Issue: 61 / 51,52 By: James Cockayne

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IN THIS ARTICLE

Charts included Charts
Higher Oil Prices Mean Revenue* Soared To A 4-Year High Of $144bn In Q3…
…But Remains Well Down On Record 2014 Levels
Capital Spending Has Been Slower To Take Off. IOCs Have, For Now, Remained Prudent With Their Growing Cash Windfall
Capital Spending Has Been Slower To Take Off. IOCs Have, For Now, Remained Prudent With Their Growing Cash Windfall

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