Citi’s research analysts targets two significant issues on this recent decline: disinflation pressures and what would happen if oil prices don’t recover.
July 15, 2015 | UBS | Lifting sanctions would add more production to an already oversupplied market.
May 25, 2015 | BNP Paribas | Data highlights that there is more pain to come for Drillers for the foreseeable future…and the opportunity for further offshore deflation for E&Ps and Majors.
MADRID | By Ana Lopez Varela | Cutbacks and balance sheet losses at the British oil giant are indicative of a more widespread malaise afflicting the oil industry. While there has been a correction in profit forecasts, firms are likely to adjust their business model accordingly.