Cushman & Wakefield Research’s global report “Oil: The Commodity We Love to Hate” assesses the impact of lower oil prices on the world’s major energy cities and provides insights into office fundamentals going forward.
- Oil is expected to remain below $60 per barrel through 2017, barring unforeseen circumstances.
- The shale revolution created a supply dynamic that may result in a lower long-term price for oil.
- Occupiers may benefit from cost savings in some markets but experience rental pressure in others.
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