USA Upstream Mergers and Acquisitions Slump
According to EIR, "Persistently low crude prices have kept many buyers on the bench".
Persistently low crude prices have kept many buyers on the bench
After a strong start to the year, U.S. upstream mergers and acquisitions declined in the third quarter, with deal value dropping to $9.7 billion, marking the third consecutive quarterly decline.
Author summary: US upstream M&A slumps.
- Deal value: $9.7 billion
- Third consecutive quarterly decline
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