Oil industry may see cash tighten as banks face pressure

By hellenicshippingnews U.S. oil and gas companies have been hammered by collapsing crude prices, and now the banks that provide their lifeblood are under pressure to curb their lending to them. This month, the energy industry has entered a regular, twice-annual review period that will determine whether banks reduce their access to credit. The current […]

Published April 18, 2016

By LizOutLoud

By hellenicshippingnews U.S. oil and gas companies have been hammered by collapsing crude prices, and now the banks that provide their lifeblood are under pressure to curb their lending to them. This month, the energy industry has entered a regular, twice-annual review period that will determine whether banks reduce their access to credit. The current period comes ... Read full story ›

Source:: Hellenic shipping news Oil

      

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