BusinessDay
Nigeria's leading finance and market intelligence news report.

Explainer: What wave of bankruptcies in US shale industry means for Nigeria, OPEC

There is light at the end of the tunnel for Nigeria and OPEC+ countries as the biggest independent shale oil groups in the United States (US) are bracing for a wave of bankruptcies. The Financial Times of London reports that these firms reported a record combined loss of $26 billion in the first quarter as…



Subscribe to BusinessDay to read full article – N1000 for 2 Month

Get real time updates directly on you device, subscribe now.

Comments are closed.