The rapid and aggressive response by oil and gas companies to low oil prices has stabilized the sector. According to Wood Mackenzie, the price required for companies to be cash flow neutral in 2015 has dropped by over $20/bbl to $72/bbl. More »
Cash flow breakevens down by $20, but low prices will need deeper cuts: Wood Mackenzie
Reviewed by Crude Oil Facilitators
on
17:41
Rating:
No comments:
Post a Comment