► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs<br /><br />BHP Billiton is cutting back its capital expenditure as the falling oil price has undermined margins for producing oil from shale. Lex's Robert Armstrong and Alan Livsey discuss the impact of falling commodity prices on the global group.<br /><br />► Lex: http://bit.ly/1I14JZF<br /><br />► FT Analysis Review: http://bit.ly/1SrwTzR<br /><br />For more video content from the Financial Times, visit http://www.FT.com/video<br /><br />Twitter https://twitter.com/ftvideo<br />Facebook https://www.facebook.com/financialtimes
