Post Tagged with: "oil bankruptcies"

Source: Forbes

As oil bankruptcies surge, vulture investors start their long feast


Bankruptcies abound in America’s oilpatch. So far this year 40 oil exploration and production companies have gone under, according to analysis from lawfirm Haynes & Boone, involving $54 billion in debt. The biggest failure so far, with $11.8 …

October 15, 2020 - 2:30 pm Bankruptcy, Closing Bell Story‎, Crude Oil News