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As Oil Dips, Companies Borrow to Protect Dividend

2014-11-29 14:12:56| Oil & Gas - Topix.net

With oil company revenues set to drop on the back of a rout in prices, boards will have to cut investments and increase borrowing to maintain their cherished dividend payouts. OPEC's decision on Thursday not to cut production in order to prop up oil prices sent markets reeling.

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