Moody’s says oil and natural gas to continue recovery in 2018

Oil & Gas Journal reports that a new forecast by Moody’s Investors Service predicts the oil and natural gas industry will continue its slow recovery in 2018 “as upstream companies increase production, helping the midstream and services businesses as well.” Moody’s says excess supply will continue to dampen oil prices in the coming year, while natural gas prices will benefit from higher demand although price gains will still be limited. For more, read the full story.

Global, National