Moody’s lowers oil price assumptions on oversupply and weakening demand

By hellenicshippingnews Moody's Investors Service has lowered its price assumptions for Brent crude and West Texas Intermediate crude as the rating agency believes that oil prices will rise at a slower pace in 2016-17 than previously expected. Moody's has also pushed out its price assumptions for North American natural gas by a year to reflect […]

Published October 20, 2015

By LizOutLoud

By hellenicshippingnews Moody's Investors Service has lowered its price assumptions for Brent crude and West Texas Intermediate crude as the rating agency believes that oil prices will rise at a slower pace in 2016-17 than previously expected. Moody's has also pushed out its price assumptions for North American natural gas by a year to reflect continued strong ... Read full story ›

Source:: Hellenic shipping news Oil

      

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