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Saturday, 7 October 2017

Energy producers gain breathing room to borrow amid price uptick – survey

Energy producers gain breathing room to borrow amid price uptick – survey

07 October 2017, Houston — U.S. oil and gas producers have gained more flexibility to borrow money as crude prices have modestly rebounded, according to a survey of the companies, lenders and others released on Friday. Greater room to borrow means energy producers are under less immediate pressure to cut costs or output. Only 26 …

The post Energy producers gain breathing room to borrow amid price uptick – survey appeared first on SweetCrudeReports.

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