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Maersk CEO: low oil price may lead to closures

Copenhagen

AP Moller-Maersk's Maersk Oil unit would have to close some sites and cut operating costs if the oil price remains at its current level, the group's CEO said in an interview in Danish daily Politiken on Tuesday.

Nils Smedegaard Andersen said that if the oil price stays around US$60 per barrel...

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