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A significant decline in oil prices to approximately $60 per barrel has raised concerns about the sustainability of record-high shareholder payouts by Western energy supermajors, according to a recent report from independent research firm Rystad Energy.
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The report warns that if market conditions do not improve, the industry may be compelled to reduce both capital investment and investor returns in order to restore financial stability.
Rystad Energy highlighted the risks associated with the current elevated payout levels amid persistently low oil prices, signaling potential challenges ahead for the sector.
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