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Moody’s: E&P spending to dip as crude oil prices slide http://www.epgeology.com/news-f37/moody-spending-dip-crude-oil-prices-slide-t6000.html |
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Author: | NewsPoster [ Tue Nov 25, 2014 9:35 pm ] |
Post subject: | Moody’s: E&P spending to dip as crude oil prices slide |
OGJ Production News Weakening crude oil prices will cut exploration and production spending by independent producers in the US next year and make integrated oil and gas companies wary of upstream projects dependent on a price of $80/bbl, according to Moody’s Investors Service. Read more |
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