What Lower Oil Prices Mean for Exploration and Production

The video discusses the current state of the oil market, focusing on the demand-supply imbalance affecting ENP companies. It highlights global demand pressures, particularly in Europe and developing countries, and the impact of US shale plays on supply growth. The video also examines break-even costs in different shale plays and the exposure of companies like Continental and Exxon Mobil to fluctuating oil prices.

How are EMP companies affected by falling oil prices?

In what ways does Exxon Mobil mitigate the impact of low oil prices?