Who would not survive the cheap oil - 29 January 2016 - free no deposit forex bonus
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Main » 2016 » January » 29 » Who would not survive the cheap oil
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Who would not survive the cheap oil
 
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Laurence Fink, chairman of the fund BalckRock, believes that about 400 companies may withdraw from the market any time soon, so will not be able to work longer when low oil prices - based on AMarkets.

 

AMarkets

 

Fink said that hydrocarbons will long be cheap. This is more or less accurate prediction of the dynamics of oil prices, the expert did not offer. The main reason why companies leave the market - they can not do more credit obligations. As you know, power - high zakreditovanny segment of the economy.


This year, oil prices declined by about 15%. Inventories of crude oil in bulk tankers US - at historic highs. The main consumer of raw materials China - slows down. Iran freed from sanctions will soon be on the market - it is already active contracts. Independent American oilfield developers (Independent American oil explorers), on expectations of players otraportuet a loss of $ 14 billion in the current year (Bloomberg)

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