More on yesterday's Goldman oil call: It includes a cool chart plotting the breakeven point on all of the planet's major oil projects. Goldman estimates the industry needs $115 oil to be cash flow neutral on its exploration vs. just $84 four years ago. "Further capex growth from current levels will likely be more constrained unless oil prices move higher."
More on yesterday's Goldman oil call: It includes a cool chart plotting the breakeven point on...
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Video at CNBC.com (Jan 28, 2016)
at CNBC.com (Jan 13, 2015)
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