German Oil Risk

Lisa Hultz

Lisa Hultz

Lisa is the President of Sales & Marketing for Mazon Associates, one of the oldest factoring companies in Dallas, Texas.

Just when oil traders were focusing concerns on China oil demand, a new risk imposed by Germany surfaced. German oil demand fell every month from the previous year for the last nine months of 2018.

Standard Chartered analysts tribute the Germany weakness to their worsening economy and suggest that other European countries may follow suit. Germany’s economy shrank during the third quarter of 2018.

Germany is the tenth largest oil consumer in the world, amounting to 2% of global demand. China accounts for about 13% of world-wide demand for oil.

Contact Mazon Associates for oilfield factoring services. Oilfield factoring companies can improve your oilfield business’s cash flow by eliminating the trade credit delay from your oilfield customers. You can receive customer payments as soon as you invoice, rather than waiting 30+ days.

Mazon Associates, Inc. has been providing factoring services for more than 40 years. We’ve helped thousands of clients grow their businesses and achieve their financial goals. We consistently provide a first-class experience in accounts receivable financing. You can depend on Mazon for your cash flow needs.

Call us today at (972) 554-6967!

Mazon Associates Factoring

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