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Global crude price breakeven curves shift rapidly downwards
Oct 10: The website carries here a global crude breakeven cost comparison.
8The data shows that more global supplies are capable of coming into the market at $ 50/bbl on less investment due to a vast increase in productivity.
8While market rebalancing is happening, it is now taking longer than previously thought.
8Also, get more insight on what is the analysts' view on oil prices remaining lower for longer. What is the new price band projected by analysts globally going into the future? Consensus views today are down sharply as against early 2017 and 2016 outlooks
8Find out what is the analyst range of how gas prices are going to behave going ahead, until the year 2025. What are the lower and upper limits?
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