Half of oil production from future developments is uneconomic at US$60/bbl Brent - this is the conclusion from our comprehensive breakeven analysis of future global oil developments. These comprise of conventional projects which have yet to receive final investment decision (pre-FID) and future drilling in US onshore Lower 48 plays; which are critical for future oil supply. Using individual asset data and our suite of proprietary tools, including our Oil Supply Tool and Upstream Data Tool, we have produced a granular picture of the cost of new supply. By 2025, production from pre-FID projects and US Lower 48 future drilling...