Energy firms shut 58% of Gulf of Mexico oil output due to twin storm threat, U.S. says
(Reuters) – Energy firms shut 57.6%, or 1.07 million barrels per day (bpd), of offshore crude oil production in the U.S. Gulf of [...]
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U.S. energy bankruptcy surge continues on credit, oil-price squeeze
(Reuters) – Another 16 U.S. energy firms filed for protection from creditors last month, reflecting crude oil prices below levels that are profitable [...]