International SG: How Low Prices are Shaping Corporate Strategy
In a US$30/bbl world, the priority for companies in 2016 is survival. Budgets continue to be slashed and projects delayed. Further deferrals can be expected, but companies also need to start thinking how they adapt their portfolios to make money at low prices as well as high. Could this be a golden moment for companies to invest against the cycle to reposition portfolios for lower prices and lower costs?
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