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EIA Cuts 2016 US Oil Demand Growth Forecast

On 12 Jul, 2016

EIA Cuts 2016 US Oil Demand Growth Forecast

The U.S. Energy Information Administration cut its forecast for U.S. oil demand growth in 2016, and increased its demand growth forecast for 2017, according to a monthly outlook issued on Tuesday.

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Energy Failures Push US High-Yield Default Rate to 6-Year High

On 12 Jul, 2016

Energy Failures Push US High-Yield Default Rate to 6-Year High

U.S. high-yield bonds in default reached the highest levels in at least six years as more energy companies buckled under pressure from stagnant oil prices.

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