USA Upstream Mergers and Acquisitions Slump
According to EIR, "Persistently low crude prices have kept many buyers on the bench".
After a strong start to the year, U.S. upstream mergers and acquisitions declined in the third quarter, with deal value dropping to $9.7 billion, marking the third straight quarterly decline.
Persistently low crude prices have kept many buyers on the bench
Author: Andreas Exarheas. Oil mergers decline.