2016 Global Oil Industry Outlook

2016 Global Oil Industry Outlook [3:36]

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The global energy industry faces a transformational year in 2016 as it seeks a new equilibrium between supply and demand. Michele Della Vigna, Goldman Sachs’ co-head of European Equity Research, expects companies to scale back expensive projects, wring out costs and boost efficiency across the supply chain amid a  “lower for longer” price environment.

 

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