The Traderszone Network

Published in TZ Latest News 22 December, 2014 by The TZ Newswire Staff

Oil companies seen cutting spending 25 percent in 2015 due to falling crude

HOUSTON (Reuters) – Plunging oil prices will prompt energy companies to cut investments in new projects by 25 percent or more in 2015, analysts said over the past week, as firms try to stay cash-flow positive …