Tag Archives: Moody’s Investors Service

Moody’s: US tax law changes are a net positive for oil and gas companies

The effects of recent U.S. tax law changes on the oil and gas industry range from mildly to significantly positive, Moody’s Investors Service says in a new report. While the changes are mostly positive for the refining and marketing sector, which generates considerable taxable income when refining margins are cyclically…

Moody’s: Global oil industry to focus on disciplined investment, M&A for growth in 2018

Oil prices will remain at $40-$60 per barrel in 2018 despite the extension of OPEC-led production cuts through the end of the year, Moody’s Investors Service says in its 2018 credit trends report for the global oil and gas industry. Higher prices within or above that range will see supply…

Moody’s: Slow recovery in energy led by growing production of oil and natural gas

The energy industry will continue its slow recovery as upstream companies increase production, helping the midstream and services sectors as well. Excess supply will continue to dampen oil prices in the coming year, Moody’s Investors Service says in its 2018 outlook for the global oil and gas sector. Natural gas…