Leveraged Loan Insight & Analysis – 11/25/2019

Oil and gas lending follows oil prices down


The oil and gas industry is facing many challenges – recession fears, the ongoing trade war, regulatory shifts and excess global supply amid slowing growth in demand – all of which have curtailed any expectations of a meaningful increase in oil and gas prices. Oil prices have declined in the last year. The average West Texas Intermediate (WTI) crude oil futures price is at around US$57 per barrel this year