U.S. energy bankruptcy wave surges despite recovering oil prices

U.S. energy bankruptcy wave surges despite recovering oil prices
14 May 2016, Houston — The wave of U.S. oil and gas bankruptcies surged past 60 this week, an ominous sign that the recovery of crude prices to near $50 a barrel is too little, too late for small companies that are running out of money. On Friday, Exco Resources Inc, a Dallas-based company with […] More »
U.S. energy bankruptcy wave surges despite recovering oil prices U.S. energy bankruptcy wave surges despite recovering oil prices Reviewed by Crude Oil Facilitators on 20:12 Rating: 5

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