Post by
TonyDj on Sep 22, 2016 5:54pm
NBZ smart with Hedges.No Short Term Debt.
Based on a simple calculation, HSBC estimates that by 2040, the world will need to find around 40 million barrels of oil per day to keep up with growing demand from emerging economies, reports Business Insider. This means that companies that manage to survive this downturn will have decades of high oil prices to benefit from. There are a number of companies that are cutting costs, innovating, building relationships with clients and hedging smartly. Such companies will be the ones to survive the downturn, emerging stronger to reap the benefits of high oil prices when the cycle turns again