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The Two Trends Shaking the Oil Industry Today

Accelerating changes in the oil industry are leading to two major emerging trends. Tuesday morning, IEA reported that global investment cuts in forward capital commitments for new projects continue to intensify. With crude languishing at $45 a barrel, this is the latest signal that the low prices for oil are initiating a pullback in projects. But it is the range of the cuts this time around that is interesting. And this development is spurring a second, more extreme effect on the sector... Tags: M&A , oil industry , oil mergers , Oil Prices , oil sector To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2015 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post The Two Trends Shaking the Oil Industry Today appeared first on Money Morning - We Make Investing Profitable .
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