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Commodities Briefing - Categorized | Oil, Performance, Research more

Oil and gas 2013 outlook: Big winners and losers ahead

Posted on 21 December 2012

Looking back on 2012, it is hard to discern the biggest story in the oil and gas sector. The reshuffling of assets is certainly a contender, as is the huge growth in U.S. oil production. Here at 24/7 Wall Street, we want to see how the old year might tell us something about the coming year.
Major oil and gas companies spent quite a lot of effort shedding assets for one reason or another. BP PLC has parted with $32 billion in assets as it builds a cash reserve of $38 billion to pay claims resulting from the sinking of the Deepwater Horizon and the deaths of 11 workers in the disaster………………………………………..Full Article: Source


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VRS - who has written 37188 posts on Opalesque Commodities Briefing.


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