ExxonMobil slashes 20-year LNG price to India in bad omen for producers
September 11, 2017 at 00:15 AM EDT
MELBOURNE (Reuters) - India has won a big price cut on a 20-year liquefied natural gas (LNG) deal with global giant ExxonMobil Corp in a rare contract renegotiation, a bad sign for global producers in a heavily oversupplied market.