2016 calls for strong nerves from oil industry players

Analysis: The oil price war has become painful and more long-term than Opec anticipated. A change in paradigm is underway, and this could make 2016 a tumultuous year of change.
Photo: /ritzau/Jacob Ehrbahn
Photo: /ritzau/Jacob Ehrbahn

The warning comes from US Federal Reserve's Dallas branch: The number of halted payments in the American oil industry has now climbed to the same level noted during the worldwide recession in 2009.

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