CERAWEEK-Oil prices under $60 a barrel would hit small producers, Occidental Petroleum exec says-February 2024-www.financetom.com

CERAWEEK-Oil prices under $60 a barrel would hit small producers, Occidental Petroleum exec says

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CERAWEEK-Oil prices under $60 a barrel would hit small producers, Occidental Petroleum exec says

Mar 12, 2025 7:02 AM

By Arathy Somasekhar

March 12 (Reuters) - Smaller producers will likely pull

back on activity if oil prices fall below $60 a barrel, Fred

Forthuber, president of OXY Energy Services, said on Wednesday.

U.S. crude futures are currently trading around $67.40 a

barrel.

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