US oil exploration firms to struggle in a low-price environment
- Date: 24-Aug-2020
- Source: The National
- Sector:Oil & Gas
- Country:Saudi Arabia
US oil exploration firms to struggle in a low-price environment
The decline in demand for oil experienced so far this year is highlighting the differences between stronger and weaker exploration companies, particularly in the US, according to Moody's Investors Service.
Changes in the market