Fitch Warns Higher Oil Prices to Increase Cross-Sector Credit Pressure

Fitch Ratings indicates that sustained higher oil prices are expected to increase credit pressure across various sectors, with potential impacts on Issuer Default Ratings influenced by factors like government support.

26 Mar, 08:46 — 26 Mar, 08:46

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myjoyonlineMixed159d ago

Sustained higher oil prices to add to cross-sector credit pressure – Fitch

The effects on Issuer Default Ratings (IDRs) if such a scenario were realised would also be influenced by other factors, notably the potential for ratings to benefit from support, for example, from parent entities or governments.

By Charles Nixon

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Fitch Warns Higher Oil Prices to Increase Cross-Sector Credit Pressure

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Sustained higher oil prices to add to cross-sector credit pressure – Fitch

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