Tuesday, April 26, 2016

UPDATE 4-Cheap oil smudges Exxon's long-held sterling credit rating

April 26 (Reuters) - Exxon Mobil Corp lost its

top-tier credit rating from Standard & Poor's on Tuesday for the

first time in almost 70 years, as slumping crude prices crimp

the oil giant's ability to fund projects and return big amounts

of cash to shareholders.

Read more

No comments:

Post a Comment