MARKETS

New cycle for oilers

THE flattening forward curve over the past 18 months has prompted Edison to lower its long-term oil price assumptions, but SBM Offshore has high hopes for the more costly deepwater offshore space.

New cycle for oilers

Still-elevated US inventory levels, which are a touch below last year's record levels, and robust shale production growth is expected to cover demand growth from the second quarter of 2017 to into Q2 2018,...

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