03.01.2017 11:15:00
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Moody's: Global oil and gas industry to see continued tepid prices, belt-tightening in 2017
New York, January 03, 2017 -- Oil prices likely will remain volatile and range-bound in the coming year, Moody's Investors Service says in a new report discussing its expectations for the global oil and gas industry. Alongside anticipated changes in US energy policy focused on domestic development and deregulation, the industry will see increased merger & acquisition (M&A) activity in both the North American E&P and midstream sectors.