Slugcatcher: Prices fall as an industry fightback gathers strength

OIL and gas prices are cooling but Slugcatcher reckons the debate about the future of the industry is heating up after a week when Citi said oil at US$60 a barrel was possible by the end next year and industry leaders read the riot act to government.

10 July 2023
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Citi's latest forecast in the July edition of its Commodities Strategy report started with a comment that oil production cuts by Saudi Arabia had run into weakening global demand with the

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