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Latest oil and gas bankruptcies hit lenders hard - Financial Times
Financial Times | Latest oil and gas bankruptcies hit lenders hard Financial Times Investors' losses from US oil and gas company bankruptcies since 2015 have been proportionally greater than in previous downturns as the industry's debt-fuelled boom has gone into reverse, according to Moody's, the rating agency. In 15 defaults studied ... 135 oil companies are on edge of bankruptcy. So why is that good news? |
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