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The challenging economics of oil production in a low price environment

Featuring Dave Ernsberger and Ross McCracken

February 2, 2015 10:25:00 EST (17:46 mins)

With oil prices hovering around the $50 a barrel mark, Dave Ernsberger, and Ross McCracken analyse the effect on oil companies capital expenditure and operational costs; discuss when cut-backs might effect global supply; and question whether the shorter production cycles of shale players leaves them best placed to capitalize when markets rebound.

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