Banks

Global natural gas prices continued falling Monday, picking up where they left off last week amid warmer weather, ample supplies and turmoil in the banking sector that has weighed on commodities.  In Europe, the May Title Transfer Facility (TTF) contract fell 13% last week. It gave up another 8% on Monday and closed at its…

Banks that actively lend to the oil and natural gas sector are upbeat about strong commodity prices and rising production activity that necessitate new and expanded exploration and drilling projects – and financing to make it happen. Some are reporting loan growth as a result. Others look for increased lending to develop as the year…

While still cautious, banks with substantial exposure to the energy sector struck more upbeat tones during the fourth quarter earnings season this month. Executives said a recovery in oil prices combined with an anticipated end to the pandemic could pave a path for stronger oil and gas revenue in 2021 and a substantial reduction in…

The U.S. House of Representatives on Thursday approved a bill that would eliminate or revamp much of the Dodd-Frank Wall Street Reform and Consumer Protection Act, which was signed into law by then-President Obama after the Great Recession.

Fall redetermination season for U.S. exploration and production (E&P) companies is about to begin, with lenders more optimistic about borrowing levels, while exploration and production (E&P) companies appearing to accept that low commodity prices may be sustained.

The Federal Reserve Board (FRB) issued a proposed rule calling for tougher limits on the physical commodity activities of financial holding companies (FHCs), citing the risks of such investments in the event of an environmental catastrophe.

With low oil prices lasting longer than many expected, banks in the energy-rich 11th Federal Reserve District saw loan growth and profitability decline in 2015, according to a new report from the Federal Reserve Bank of Dallas (Fed).

In yet another sign that lower-for-longer commodity price sentiment has taken hold of the market, Standard & Poor’s Ratings Services (S&P) said Tuesday it downgraded four U.S. regional banks because of their large energy loan portfolios.

The sky-is-falling scenario that producers were expected to face as crude oil prices collapsed last year has yet to make a big dent in lending, according to Fitch Ratings.