Demand Doubts, Cheap Oil Driving Different Strategies For Europe, U.S. Majors
Every oil company—from super-rich Aramco (SE:2222) in Saudi Arabia to tiny fracking firms in Oklahoma—has been hit hard this year by lower oil prices. In the U.S., as...
Every oil company—from super-rich Aramco (SE:2222) in Saudi Arabia to tiny fracking firms in Oklahoma—has been hit hard this year by lower oil prices. In the U.S., as...
Oil prices, particularly WTI, continue to show extreme volatility. On Tuesday, Apr. 28 WTI plunged by 20% as the June contract experienced a major sell off. Then on Wednesday, WTI...
Hurricane Harvey intensified early on Friday, spinning into potentially the biggest hurricane to hit the U.S. mainland in more than a decade, with life-threatening floods expected...
For those who knew where to look, there was vital information in ExxonMobil (N:XOM) and Chevron's (N:CVX) most recent earnings calls. Last week I warned investors not to fall for...
While oil prices rebounded on a more supportive American Petroleum Institute supply report, the energy industry continues to go through more cruel cuts. Oil prices hit a...