credit | Egypt Oil & Gas

US Shale Oil Producers Struggle with Financing

Lenders are preparing to cut the credit lines to a group of junk-rated U.S. shale oil companies by as much as 30 percent in the coming days, dealing another blow as they struggle with a slump in crude prices, accordi ...

Saudi Aramco Seeking $10 Billion for Credit, Sources Say

Saudi Arabian Oil Co., the world’s largest oil exporter, is in talks with banks to raise a $10 billion revolving credit facility at cheaper pricing than Exxon Mobil Corp., according to three people familiar with the ...

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