Wall Street Optimistic on Oil Spending
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lower oil refining profitsReuters
•Business
Business & Economics
Big Oil in no rush to 'drill baby drill' this year despite Trump agenda

77% Informative
Wall Street expects U.S. oil and gas companies to keep a lid on spending in 2025 and keep their focus on generating shareholder returns.
Big Oil begins reporting fourth-quarter results this week .
Industry has pushed in recent years to drive down costs and increase production by using more efficient technology rather than drilling many new wells.
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