Revises Price Assumptions Down in the Interim
A Moody's Investors Service report out today has lowered pricing assumptions for Brent and WTI and examines how a sustained period of lower oil prices would affect certain industries in producing and non-producing countries.

Moody’s revised its crude oil spot pricing assumptions as follows:

The report sums up the situation as follows: “Ongoing increases in OPEC oil production have offset growing global demand of about 1.2 million barrels per day and led to a rapid build-up of oil inventor...

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