Worley on Goldman's oil fallout list

GOLDMAN Sachs has downgraded various oil services-linked stocks, including WorleyParsons, while it believes that only uncomplicated, low-cost energy projects will survive the "new oil order".

Worley on Goldman's oil fallout list Worley on Goldman's oil fallout list Worley on Goldman's oil fallout list Worley on Goldman's oil fallout list Worley on Goldman's oil fallout list

"We anticipate the unwinding of a 15-year inflationary bull market in oil investment and see potential for costs to fall by 20-30% in order to restore project economics," the investment bank said in a

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