{"id":341209,"date":"2020-03-11T10:35:49","date_gmt":"2020-03-11T05:05:49","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=341209"},"modified":"2020-03-11T10:54:16","modified_gmt":"2020-03-11T05:24:16","slug":"oil-firms-promised-billions-to-investors-now-what-next-after-price-crash","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-firms-promised-billions-to-investors-now-what-next-after-price-crash\/","title":{"rendered":"Oil firms promised billions to investors. Now what next after price crash?"},"content":{"rendered":"<p>An oil price plunge means the world&#8217;s top energy companies will have to review promises to return billions to investors, either by slowing down share buybacks or reintroducing non-cash dividends, analysts said on Monday.<\/p>\n<p>Brent crude was trading at around $36 a barrel, down around 20 per cent by 16:45 GMT on Monday, when analysts lowered share price forecasts for top oil and gas producers. <\/p>\n<p>The Brent benchmark has fallen by as much as a third since Thursday, just before Russia walked away from an agreement by the Organization of the Petroleum Exporting Countries to cut output. <\/p>\n<p>The slide is expected to force a rethink of spending plans by boards that had cut costs in response to a 2014 oil downturn when OPEC opened wide the oil taps to try to protect market share following the US shale oil revolution.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An oil price plunge means the world&#8217;s top energy companies will have to review promises to return billions to investors, either by slowing down share buybacks or reintroducing non-cash dividends, analysts said on Monday. Brent crude was trading at around $36 a barrel, down around 20 per cent by 16:45 GMT on Monday, when analysts lowered share price forecasts for top oil and gas producers. The Brent benchmark has fallen by as much as a third since Thursday, just before Russia walked away from an agreement by the Organization of the Petroleum Exporting Countries to cut output. The slide is [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-341209","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/341209","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=341209"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/341209\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=341209"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=341209"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=341209"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}