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HFW Briefing – Oil price shock: consequences and recommended actions

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HFW OIL March 2015

Oil price shock: consequences and recommended actions

The recent fall in the oil price has had a significant impact on the oil and gas industry. Widely unpredicted, it is causing increasing distress, without geographical boundaries.

While it is expected that the price of oil will stabilise and recover in due course, it is unclear when or to what level. In the meantime, the price remains volatile, creating significant uncertainty which itself has a broad negative impact.
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Our team of transactional and dispute resolution lawyers have expertise at every stage of the energy chain, from exploration and production, storage and transportation, LNG, refining, trading and sale of oil and gas, to electricity generation, energy management, renewables and carbon trading.
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We act across the spectrum of the international sale of goods, including soft commodities, oil and gas, coal and steel, and non ferrous and precious metals. We advise and represent clients in their related freight business.
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