Sudden Drop in Crude-Oil Prices Roils U.S. Energy Firms’ Rebound

Sudden Drop in Crude-Oil Prices Roils U.S. Energy Firms’ Rebound

July 27, 2015
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By hellenicshippingnews U.S. energy companies are planning more layoffs, asset sales and financial maneuvers to deal with a recent, sudden drop in U.S. crude-oil prices to under $50 a barrel, the lowest level in four months. The companies had been banking on a rebound in oil prices in the second half of 2015 after a falling sharply … Read full story ›

Source:: Hellenic shipping news Oil