Carbon-Dioxide: the gas of life!
-
Moody’s may downgrade 120 oil and gas companies, 55 mining companies
More bad news for companies that are heavily exposed to the slumping commodities markets. Moody’s Investors Service said it may downgrade the ratings of 120 oil and gas companies and 55 mining companies around the world, as the prices of a range of commodities remain at multiyear lows. The credit rating agency said the mix of low prices, oversupply and weak demand “will continue to significantly stress the credit profiles of companies” in those sectors. Don’t miss: Here’s how to know if oil prices have hit bottom “Increased production vastly exceeds growth in oil consumption, even with consumption growth ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Jan 24, 2016 3:30pm Jan 24, 2016 3:30pm
- Exodus
- Joined May 2012 | Status: CoC'd again ! | 4760 Comments
- Comment #2
- Quote
- Jan 24, 2016 4:19pm Jan 24, 2016 4:19pm
- plungeboy
- | Joined Jan 2016 | Status: Oiled :) | 7 Comments
In a world where robots fucks everybody else over...
- Comment #3
- Quote
- Jan 24, 2016 4:59pm Jan 24, 2016 4:59pm
- Guest
- | IP XXX.XX.164.125
- Comment #4
- Quote
- Jan 25, 2016 1:53am Jan 25, 2016 1:53am
- Exodus
- Joined May 2012 | Status: CoC'd again ! | 4760 Comments
Carbon-Dioxide: the gas of life!