Bernstein Research Explores LNG Potential

Bernstein’s report on the impact of condensates on the global crude market takes a specific look at companies with refining capacities exposed to Qatari condensate production, like ExxonMobil (NYSE: XOM), Shell (NYSE: RDS.A), and ConocoPhillips (NYSE: COP).

A major risk in this assessment is that oil price forecasts are dependent on GDP expectations, and variations can cause a material impact on the price outlook and related cash flows. The economic growth rate is another factor.