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Oil Companies Sit on Hands at Auction for Leases - New York Times
Business Insider | Oil Companies Sit on Hands at Auction for Leases New York Times HOUSTON — With oil prices collapsing and companies in retrenchment, a federal auction in the Gulf of Mexico on Wednesday attracted the lowest interest from producers since 1986. It was the clearest sign yet that the fortunes of oil companies are ... There goes oil ... Oil dips below $41 US a barrel, hitting new 6-year low Oil Prices Drop to Fresh Six-Year Lows |
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