汇丰银行-全球-能源设备与服务业-全球油田服务：适应年代的生活--文库

Disclosures & Disclaimer This report must be read with the disclosures and the analyst certifications in the Disclosure appendix, and with the Disclaimer, which forms part of it. Issuer of report: HSBC Securities and Capital Markets (India) Private Limited View HSBC Global Research at: https://www.research.hsbc.com  We align our short cycle OFS expectations with our revised framework for oil – USD60/b for 2020e, USD65/b longer term  North American growth affected, but see limited impact on recovery in international and offshore markets  We lower forecasts and TPs...