Energy News Roundup: Energy Junk Bonds Plunge, Opec Sees Post-2020 US Oil Decline and SunPower Backs Tendril
By Jared Anderson
Falling
oil prices are bringing down prices of high-risk bonds many companies
used to finance their capital intensive unconventional drilling
programs. “Most of that decline has occurred in the last 30 days. It’s
already making it harder for oil companies to reach out to the financial
markets to fund more of their drilling operations, as
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