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Oil patch likely to remain on debt diet Add to ...

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Oil executives have spent the last two years promising investors that they are putting their companies on strict debt diets.

It appears they are sticking to them.

Stats show oil-patch debt financings, such as debenture issues, are off 77 per cent in the first nine months of this year versus the same period in 2015.

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Price of oil could hit $100 in the next few years, CEO of Auspice Capital says (The Globe and Mail)
 

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