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

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