
Upstream oil and gas dealmaking down in third quarter as oil prices stayed low
(Investing) – HOUSTON-Persistently weak crude prices pressured merger and acquisition activity in the U.S. upstream oil and gas sector in the third quarter, analytics firm Enverus said on Wednesday. Dealmaking fell for the third straight quarter as U.S. crude futures averaged around $65 a barrel during the July through September period, around the level producers say they need to profitably drill.










