ExxonMobil slashes LNG price to India in bad omen for producers
September 11, 2017 at 03:25 AM EDT
MELBOURNE/NEW DELHI (Reuters) - India has won a 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 producers in a heavily oversupplied global market.