Clifford Chance

Middle East legal trends in a sustained low oil price world

24 May 2016

When we first started talking about the crude oil price crash at the turn of 2014/2015, it was clear that this downturn was different from the last crash in late 2008.

While we cannot know how long this pricing environment will last, it is clearly having a significant impact on a range of issues in the legal field which reflect the difficult dynamics our clients face both in their day-to-day operations and from a broader strategic perspective.

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