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Husky braces for $30 oil throughout 2016
2016-02-26 19:09:11| Oil & Gas - Topix.net
Husky Energy posted a net loss of $69 million for the fourth quarter of 2015 and says it's preparing for $30 oil throughout 2016. CEO Asim Ghosh said the Calgary-based company "will balance capital expenditures with cash flow" on the assumption that West Texas Intermediate prices will remain at $30.
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Category:Energy and Environment
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