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Breaking News:

Oil Prices Rise On Surprise Crude Draw

Finance / the Markets

Billion Dollar Bet

The Billion Dollar Bet On An Oil Price Crash

Oct 28, 2019 at 14:15 | ZeroHedge

Mexico's oil hedgers, one of the world's most-active sovereign oil-trading desk, has spent nearly $1 billion on options contracts to protect the government's revenues from oil sales…

Energy Stocks

Hated Energy Stocks May Be About To Rebound

Sep 27, 2019 at 17:11 | Tsvetana Paraskova

Despite the fact that oil prices have recovered from the 2016 lows they hit in the worst downturn in a generation, energy stocks have seen little reprieve over the past…

Trump Xi

What Beijing’s Retaliation Means For Oil

May 13, 2019 at 12:31 | Tim Daiss

Heightened trade tensions between the U.S. and China over the last few days, that seemed to catch many media outlets and pundits off-guard, were actually always lurking just beneath the…

Deal

Should Chevron Walk Away From The Anadarko Deal?

May 08, 2019 at 16:16 | Robert Rapier

Chevron is arguably the best of the integrated super-major oil companies. For the past 20 years, Chevron has delivered superior returns to shareholders, outperforming the S&P 500 for most of…

Deal

Chevron To Buy Anadarko In $33B Deal

Apr 12, 2019 at 09:22 | Tsvetana Paraskova

Chevron Corporation said on Friday that it had entered into a definitive agreement to buy Anadarko Petroleum Corporation in a stock and cash transaction valued at US$33 billion that…

Europe stock exchange

European Markets Defy The Biggest Oil Rally In A Decade

Apr 09, 2019 at 16:48 | Alex Kimani

Yesterday’s headlines suggested that European markets were taking a beating from rising oil prices--but this was a blip on the radar tracking some of the toughest resilience to a combination…

Amazon Effect

Car Companies Close Stores As The “Amazon Effect” Takes Hold

Mar 12, 2019 at 11:52 | Jon LeSage

Tesla, Inc., won’t be closing all its retail stores, but the game will continue to change for the electric automaker and its competitors. While Tesla is backing off its plan…

Dow

Crude Fell 23% In October, Will Stocks Follow?

Nov 09, 2018 at 17:02 | ZeroHedge

The near WTI futures price is down 23 percent since peaking on October 3rd as traders front ran the Iranian oil sanctions, which went in to place this week.  Fearing…

Cash

Analysts See Opportunities In Embattled Energy Stocks

Nov 02, 2018 at 17:34 | Tsvetana Paraskova

Just as energy stocks began to cautiously recover from the lows during the worst of the oil price crash in 2015-2016, equity markets and oil prices took a hit last…

Sad Trader

Stock Market Chaos Sparks Oil Selloff

Oct 11, 2018 at 15:47 | Nick Cunningham

The plunge in global equities on Wednesday and Thursday dragged down crude oil, with even concerns about falling Iranian supply not enough to keep crude from a steep selloff. Brent…

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