How 18 oil giants from Exxon to Halliburton are cutting staff and slashing spending in response to the historic oil price meltdown

· The novel coronavirus continues to cripple global oil demand, causing the price to collapse by as much as 65% since the start of the year.
· Oil giants are among the companies hurting the most. Most shale oil producers need prices in the $40s to turn a profit, yet barrels of the US benchmark, WTI, are selling for less than...