Tullow Oil Plunges Again on ‘Materially Worse’ View: Street Wrap
- Second stock slump in month as Ghana issues set to cut output
- Tumble hurts sentiment for broader U.K. mid-cap oil stocks
Photographer: Nicky Loh/Bloomberg
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Tullow Oil Plc shares had their biggest ever drop after a forecast for 2020 production that analysts said leaves dark clouds hanging over the company’s outlook.