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2016-07-19 14:12:00

U.S. OIL COMPANIES UPDOWN

U.S. OIL COMPANIES UPDOWN

EIA said, although the crude oil price decline since 2014 has led to significant reductions in operating cash flow for U.S. oil companies, their immediate financial situations are improving. As oil companies' spending falls and crude oil prices increase, the need for oil companies to find external sources of funding may decline, which could reduce financial strain in the coming quarters.

 

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Tags: USA, OIL, GAS, PRICES, FINANCE
Chronicle:
U.S. OIL COMPANIES UPDOWN
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