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IS - Market disruptions force recalibration of 2020 plans - March 2020
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With the coronavirus pandemic engulfing the globe, we wish our readers safety and health during this difficult time. Falling demand because of the outbreak and rising supply because of a price war between Saudi Arabia and Russia have thrown the oil market into disarray (PG.16). Companies have started slashing capex and revising plans for 2020 to prepare for a likely even-lower-for-evenlonger oil price scenario. Total and Shell (PG.1) became the first supermajors to cut......
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