This is part of a lagging indicator, as the recent recovery in oil prices coincides with the price of junk bonds in the energy sector. (investopedia.com)
The Anglo - Dutch oil major, whose acquisition of BG Group transformed it into the world's top liquefied natural gas producer, has been under pressure from shareholders to cut annual spending to ensure it can maintain its dividend given the slow recovery in the oil prices. (fortune.com)
Europe's major oil and gas companies have turned a corner after a three - year slump, reporting strong growth in profits and vowing to press on with saving more money amid a fragile recovery in oil prices. (fortune.com)