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View Full Version : Canadian Natural cuts $1B from budget due to steep oil price differential


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12-05-2018, 08:09 PM
https://i.cbc.ca/1.4287193.1505311302!/fileImage/httpImage/image.jpg_gen/derivatives/16x9_460/cnrl-horizon-mine.jpg Oilsands producer Canadian Natural Resources is setting its 2019 capital budget at $1-billion less than its "normalized" range but says it will ramp up spending if heavily discounted oil prices in Western Canada rebound.


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