Is The Oil Crisis Over? Oil Majors Report Positive Cash Flow | International News Live Blog

Is The Oil Crisis Over? Oil Majors Report Positive Cash Flow | International News Live Blog

https://internationalnewsliveblog.wordpress.com/2017/01/27/is-the-oil-crisis-over-oil-majors-report-positive-cash-flow/





Rising oil prices and spending cuts over the past two to three years have improved the cash flow position for many of the oil majors, lessening the prospects of a deeper debt spiral, credit downgrades and dividend reductions. As recently as a few months ago, debt among the largest oil … http://internationalnewslive.com/is-the-oil-crisis-over-oil-majors-report-positive-cash-flow/