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Prolonged oil slump sparks second wave of cuts to 2016 budgets - Reuters
Reuters | Prolonged oil slump sparks second wave of cuts to 2016 budgets Reuters Less than two months into the year, the top U.S. shale oil companies have already cut their budget for 2016 a second time as the relentless drop in oil prices continues to erode their cash flow. With oil prices firmly wedged in the low $30-per-barrel ... |
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