Sydney Morning Herald | Oil Companies May Keep Up Output to Repay Debt, BIS Report Says Bloomberg Tumbling oil prices have increased borrowing costs among energy companies, with spreads on high-yield bonds issued by energy firms soaring to 800 basis points, or 8 percentage points, as of January, from 330 points in June, according to the BIS. OPEC Blamed for Low Crude Oil Prices Oil price hurt by surging debt levels, says BIS Debt-laden firms add to oil slump |