(Oil and Gas News) Oil and gas pricing assumptions raised in Report; rating reviews … - CNNMoney.com

Main Fortune Small Business 100 Small Cap Investing - Top 50 Ultimate Resource Guide Top Schools for Entrepreneurs 5 Best Bosses Which States Love Small Biz? Main Best Companies to Work For Best Places to Live America’s Hottest Jobs Fortune 500 Global 500 Fortune 500 archive Best Places to Retire 20 Great Cos. A report titled ‘Standard & Poor’s Raises Its Pricing Assumptions Used For Oil & Gas Company Ratings–Again,’ explains the rationale and limitations associated with the new pricing assumptions, which include 70 usd-per-barrel of West Texas Intermediate (WTI) crude oil in 2008, up from 55 usd previously. For 2009, S&P expects WTI at 60 usd a barrel, up from 50 usd; while in the longer-term it forecasts 45 usd, up from 40 usd. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News. read more

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