energy lending

Citing Strengthening Prices and Demand, Lenders Increasingly Upbeat About Energy Sector

Citing Strengthening Prices and Demand, Lenders Increasingly Upbeat About Energy Sector

Prominent energy lenders said the oil and gas sector has clearly turned a corner following the rebound in oil prices and the surge in natural gas demand this year. Bankers anticipate increased drilling and the beginning of stronger loan demand in the second half of 2021 – a first since prior to the coronavirus pandemic.…

August 10, 2021