Investors in the US oil industry lost $ 393 billion in the fall of raw materials

Investors in American oil and gas companies have lost $ 393 billion since raw materials went down, reports Bloomberg .

The prices of the reference American oil brand WTI fell from $ 105 per barrel in mid-2014 to about $ 45 by the end of January 2015. Since then, the shares of 76 oil reconnaissance and mining companies from the corresponding Bloomberg index have lost $ 353 billion. In addition, $ 40 billion from their cost have lost high -profit energy bonds of companies engaged in the drilling of shale deposits.

Over the past five years, $ 1.4 trillion has been invested in the industry, despite the fact that the average oil price was $ 91 per barrel. As a result of financial injections, oil production in the country has grown to a maximum over 30 years, the agency notes.

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