Exxon-Pioneer deal suggests more energy consolidation: experts - BNN Bloomberg

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News of a blockbuster oil acquisition by Exxon Mobil suggests more focused consolidation to come in the global energy sector, experts said Wednesday, with one analyst suggesting the trend could drive oil prices down in the long run.

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Exxon-Pioneer deal suggests more energy sector consolidation: analyst - BNN BloombergThe global energy sector is likely to experience increased consolidation, driving oil prices downward in the long run, a commodity analyst said Wednesday.
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