Crude Oil Brokers Scam Blog
Thursday 23 July 2020
Funding for shale drillers dries up as lenders leave the sector
Banks lending against the reserves of hundreds of independent U.S. drilling companies has pulled back at an unprecedented rate this year as prices slumped. Meanwhile, many in the industry expect further reductions to credit facilities in the fall, with higher costs and more stringent protections for lenders. More »
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