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How The Oil Price Slump Affected The Ultra-Rich

How The Oil Price Slump Affected The Ultra-Rich

While the world’s richest have…

Inventory Draws And Weaker Dollar Jolt Oil Prices

Inventory Draws And Weaker Dollar Jolt Oil Prices

Oil prices gained on Thursday…

Energy / Energy-General

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Expert Analysis: A Long Road Ahead For OPEC

Sep 30, 2016 at 15:44 | SCS OTC Corp

• WTI rallied to a weekly high of $48.32 mid-day Thursday following OPEC’s announcement that it will agree to limit production to between 32.5m bpd and 33m bpd at their…

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Can Oil Hold Onto OPEC Deal Gains?

Sep 30, 2016 at 13:50 | Evan Kelly

Oil held onto gains on Friday afternoon after front month contract rolled over to the December contract.   (Click to enlarge)

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U.S. Rig Count Rises To 7 Month High

Sep 30, 2016 at 13:11 | Zainab Calcuttawala

The United States saw a seven-site increase in the domestic oil rig count, making this the fourteenth week of no-decline in oil rigs counts, according to the Baker Hughes weekly…

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Gasoline Demand Set To Collapse

Sep 29, 2016 at 15:39 | Rakesh Upadhyay

U.S. gasoline consumption in August hit a new peak at 9.7 million barrels a day, a growth in demand that many oil bulls believe will be the driver for higher…

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Is The Eagle Ford About To Stage A Comeback?

Sep 29, 2016 at 15:20 | Irina Slav

Eagle Ford has quietly slipped out of the shale boom spotlight over the past couple of years, its place now taken by its Texas neighbor, the Permian, with its easier-to-tap…

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The Shakeout Continues: 100 Oil And Gas Bankruptcies Yet To Come

Sep 29, 2016 at 10:31 | Charles Kennedy

The more than two-year oil bust has led to a shakeout in the oil industry, with high-cost and inefficient drillers forced out of the market. About 100 bankruptcies have been…

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This Could Be One Of The Biggest Winners From OPEC’s Production Cut

Sep 28, 2016 at 17:24 | James Burgess

OPEC’s attempts to undermine US shale and regain lost market share hit hard, but not definitively. Now US shale producers have regrouped, and there is a second revolution in the…

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9/11 Bill Crashes Saudi Stock Exchange, Bond Market Ambitions

Sep 28, 2016 at 16:04 | Nick Cunningham

With oil prices continuing to languish below $50 per barrel, the major oil producers in the Middle East are seeing their financial positions deteriorate. To plug the gap in the…

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How The Oil Price Slump Affected The Ultra-Rich

Sep 28, 2016 at 15:54 | Tsvetana Paraskova

Last year, the world’s ultra-rich added a bit more to their combined wealth and now hold a total of US$30 trillion in net assets. The number of individuals owning at…

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What Do Driverless Cars Really Mean For Transportation

Sep 28, 2016 at 15:43 | Peter Tertzakian

Headlines surrounding ride sharing apps and autonomous vehicles are nudging into my daily reading list like people butting in front of me in traffic. But I don’t mind. Since the…

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