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Revisiting Our Price Estimates For Large Independents Amid Lower Crude Prices

2014-12-27 05:57:41| Chemicals - Topix.net

We recently revisited our price estimates for the large independent oil and gas companies we cover to account for the change in our long-term forecast for crude oil prices. We now believe that the recent decline in oil prices could sustain for a longer period amid a slower demand growth scenario and the weakened price controlling power of OPEC .

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