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Shale Drillers Squeezed as Banks Tighten Credit after Oil Crash

2020-07-02 11:10:00| OGI

So far in the spring season of redeterminations, the total borrowing base for three dozen publicly listed North American oil companies has been slashed by $7.5 billion, according to a Reuters analysis.

Tags: credit oil banks crash

Category:Industrial Goods and Services

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