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Global oil, gas prices to remain weak in 2016: Moody's - Economic Times

Global oil, gas prices to remain weak in 2016: Moody's
Economic Times
NEW DELHI: Global oil and gas prices will remain weak in 2016 on continued oversupply that will result in at least 20-25 per cent reduction in capital spending in upstream oil and gas exploration and production, Moody's Investors Service said today.

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