The plans come as oil - dependent nations grapple with
persistently low oil prices and fight for market share in Asia.
Some companies trimmed capital budget plans as an answer to
the persistently low oil prices and as reassurance to investors that they would embrace financial discipline.
Is European financial exposure to
persistently lower oil prices a matter of earnings or solvency?
Not exact matches
Benchmark crude futures contracts have in the past week wiped out the gains made since the end of September when the Organization of the Petroleum Exporting Countries said it would agree to cut
oil production to shore up
persistently low prices.
While there are significant differences in projected natural gas
prices across baselines, with
persistently lower prices in the High
Oil and Gas Resource case, the Clean Power plan itself does not significantly move natural gas
prices with the exception of an initial impact expected during the first 2 - 3 years after the start of implementation.