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Exxon oil price forecast lower for longer than Oz oilers'

THE Wall Street Journal has published insights from internal documents of ExxonMobil's it has reviewed with the supermajor suggesting oil prices will stay lower for longer at US$50-$55 per barrel for years to come.

Exxon oil price forecast lower for longer than Oz oilers'

Unlike Australian oilers the US giants do not make their oil price forecasts public. This price assumption is well below outlooks from producers in Australia which all see a recovery to at least...

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