Oil & Gas : Moody's says plummeting oil prices will cause cash flow for the global integrated oil & gas industry to contract by 20% or more for 2015, with only a modest recovery expected in 2016
This reflects the rating agency's expectation of continued revenue declines and a negative free cash flow profile for the industry in 2015. Moody's outlook for the global integrated oil and gas industry will remain negative into 2016.