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S&P downgrades US company ratings

Financial services company Standard & Poor's (S&P) has cut its ratings for 10 US oil companies amid low oil prices, while others including supermajor ExxonMobil could also see their ratings downgraded.

Downgrade: S&P has cut its rating for 10 US oil companies and has placed ExxonMobil and ConocoPhillips on notice
Downgrade: S&P has cut its rating for 10 US oil companies and has placed ExxonMobil and ConocoPhillips on notice
Published 3 February 2016, 04:17Updated 18 October 2016, 05:04
Americas