Saturday 4 May 2024
 
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oil countries

S&P may cut oil countries' ratings to reflect 'new reality'

Credit rating agency Standard & Poor's signalled on Friday that oil-exporting countries face fresh downgrades as crude prices fall further and that it could repeat last year's move when it made a big group of cuts all at once.

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S&P may cut oil countries' ratings to reflect 'new reality'

Credit rating agency Standard & Poor's signalled on Friday that oil-exporting countries face fresh downgrades as crude prices fall further and that it could repeat last year's move when it made a big group of cuts all at once.

More…
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