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Falling oil prices could reshape oil and gas M&A market: report

The global rating agency said that low prices for an extended period could lead to more acquisitions of smaller, potentially distressed companies by larger ones, while reducing the major oil companies’ ability to finance their operations through disposals.

However, these changes are unlikely to occur should oil prices quickly rebound to above $A100/bbl, as happened in 2009, although the group only expects this figure to be the long-term price equilibrium for oil.

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