USA Upstream Mergers and Acquisitions Slump
According to EIR,
Persistently low crude prices have kept many buyers on the bench.
U.S. upstream mergers and acquisitions experienced a decline in the third quarter, with deal value dropping to $9.7 billion, marking the third straight quarterly decline.
This comes after a strong start to the year, indicating a significant slowdown in the industry.
Author's summary: US upstream M&A slumps in Q3.
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