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Reuters

Big oil's big payouts under strain as energy prices fall

Reuters
Summary
Nutrition label

81% Informative

BP, Chevron , Exxon Mobil , Shell and TotalEnergies have paid investors more than $272 billion in dividends and share repurchases since the start of 2022 .

Drop in benchmark crude oil prices to below $ 70 a barrel last month , their lowest since late 2021 .

Several banks have in recent weeks cut oil price forecasts in response to a weak demand outlook.

VR Score

91

Informative language

96

Neutral language

85

Article tone

formal

Language

English

Language complexity

47

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

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