
Oil Operators May Be Heading Towards a Wall
$38 billion in bonds coming due 2020-2023 The commodity price downturn caused a wave of bankruptcies in 2015 and 2016, as companies attempted to adjust to “lower for longer” oil prices. However, there may yet be another round of restructuring, according to a Bloomberg Intelligence briefing today. There is a significant amount of debt coming due in upcoming years, which

