Tuesday, March 29, 2016

Oil Explorers Face Challenge to Secure Financing as Oil Prices Fall

Just a few years ago, when oil prices were $100 a barrel, banks were lining up to give international oil explorers access to billions of dollars to finance projects. Now the money is drying up, as oil prices stay mired in a prolonged funk.

from WSJ.com: US Business http://ift.tt/1LWPNQc
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