The move came after the ratings agency dramatically lowered its expectations for future oil and gas prices and now does not expect 2016 prices to rise appreciably above those seen at year-end 2015.
Specifically, Moody’s chopped $10 off its price assumption for Brent crude to $43, took $8 off its WTI assumption to $40 and lopped 50 cents off its Henry Hub gas price assumption to $2.25.
"Industry
