35% Of Independent Oil Companies On The Edge Of Bankruptcy

Daily Caller News Foundation logo
Chris White Tech Reporter

More than 35 percent of independent oil producers are teetering on the edge of bankruptcy this year, according to a new study.

Rock bottom crude prices and mountains of debt could claim the scalps of 175 highest-risk companies across the world, Deloitte analysts argue.

Content created by The Daily Caller News Foundation is available without charge to any eligible news publisher that can provide a large audience. For licensing opportunities of our original content, please contact