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A Wave Of Downgrades Has Hit The U.S. Oil Patch

The riskier end of the energy bond market has lately suffered a sharp blow in response to an epic oil...

Troubled Shale Giant Slashes CEO Salary By 81%

Occidental Petroleum will cut certain employee salaries by 30 percent in response to the steep drop in oil prices, Reuters reported,...

American Oil Drillers Were Hanging on by a Thread. Then Came...

Wall Street supercharged America’s energy boom of the past decade by making it easy for oil companies to finance growth with cheap, borrowed money....