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Barclays to adopt fresh curbs on oil and gas financing

Yahoo Finance
Summary
Nutrition label

81% Informative

Barclays will stop direct financing of new oil and gas fields and restrict lending more broadly to energy companies expanding fossil fuel production.

The project finance curbs are not expected to have a major impact on its business given its limited market share.

Barclays joins banks such as HSBC and BNP Paribas that are tightening oil, gas lending.

VR Score

92

Informative language

97

Neutral language

77

Article tone

informal

Language

English

Language complexity

57

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links