News roundup: Oil companies scrap $380B in new projects, energy research firm says … Fed to hike rates three times in 2016, economists say … Treasury Department to track secret buyers of luxury real estate

    Cutting it up: Oil companies have scrapped $380 billion in new projects since the oil-market downturn began a year and a half ago, Wood Mackenzie says. As FuelFix.com reports, the energy research firm…

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