Oil price plunge leads to project cuts | FT Business
- 5 years ago
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Oil prices have plunged since last summer, leading energy companies to slow, postpone or cut about $100bn of spending on new projects. The FT’s Christopher Adams and Guy Chazan discuss the projects being axed and the wider implications for the oil market.
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Oil prices have plunged since last summer, leading energy companies to slow, postpone or cut about $100bn of spending on new projects. The FT’s Christopher Adams and Guy Chazan discuss the projects being axed and the wider implications for the oil market.
► FT World News: http://bit.ly/1Exp0iJ
► FT Global Economy: http://bit.ly/1J5mmqH
► Is Big Energy Changing It's Climate Tune? http://bit.ly/1Fk9nLW
For more video content from the Financial Times, visit http://www.FT.com/video
Twitter https://twitter.com/ftvideo
Facebook https://www.facebook.com/financialtimes