August 14, 2015

Oil & Gas Market Update: What to expect?

Published by Oil & Gas Investor on August 14, 2015

 By Sam (Yinglin) Xu and Evan Turner, Oil & Gas Investment Banking at CohnReznick Capital Markets 

Although oil prices have been falling dramatically since the end of November 2014, as a response to OPEC’s 166th Meeting, up until now, both lenders and E&P companies have been hopeful that a recovery in oil prices would allow them to avoid restructuring or refinancing their outstanding debt.  As the WTI price has fallen below $50/bbl… Read the full article.