Venezuela will increase its oil exports to China to one million barrels a day (of 1.4 million), President Nicolas Maduro has said, following a visit to Beijing.
The wild tale of America’s energy revolution, and the cowboy who made and lost billions on shale. https://www.theguardian.com/news/2018/aug/30/how-the-us-fracking-boom-almost-fell-apart
Fueled by debt and years of easy credit, America’s energy boom is on shaky footing. https://www.nytimes.com/2018/09/01/opinion/the-next-financial-crisis-lurks-underground.html
Jun.28 — Susan Lund, partner at McKinsey Global Institute, and Nathan Sheets, chief economist at PGIM Fixed Income, examine the McKinsey report on the growth of corporate debt. They speak on “Bloomberg Daybreak: Americas.”