Banks are gradually offering more credit to U.S. shale oil and natural gas producers as the industry recovers from last year’s contraction and energy prices rally.
So-called borrowing bases will increase as much as 20% during the imminent round of talks between drillers and lenders, according to most respondents in a survey conducted by law firm Haynes & Boone LLP.
Banks Are Extending More Credit to Shale Drillers Amid Oil Rally - Bloomberg
Read More
Bagikan Berita Ini
0 Response to "Banks Are Extending More Credit to Shale Drillers Amid Oil Rally - Bloomberg"
Post a Comment