U.S. OIL

US oil and gas companies, struggling with a steep fall in global crude prices, faced the worst-ever conditions to get cash to run their businesses, Moody's Investors Service said on Wednesday as its "Oil & Gas Liquidity Stress Index" surged to a record high of 27.2 percent in February.

www.ripplesadvisory.com  9039089370

US oil and gas companies, struggling with a steep fall in global crude prices, faced the worst-ever conditions to get cash to run their businesses, Moody's Investors Service said on Wednesday as its "Oil & Gas Liquidity Stress Index" surged to a record high of 27.2 percent in February.

Read more at: http://www.moneycontrol.com/news/commodities/oil-prices-edge-uprising-confidence-that-market-has-bottomed_5737901.html?utm_source=ref_article

You May Also Like

0 comments

Note: only a member of this blog may post a comment.