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Wall Street’s Big Coronavirus Mistake

Wall Street’s Big Coronavirus Mistake

The coronavirus has wreaked havoc…

Finance / the Markets

Will This Be The Slowest Year Ever For Oil & Gas Mergers?

Apr 03, 2020 at 14:34 | Alex Kimani

When the energy sector faces a severe existential threat as it currently is after the epic oil price collapse, the usual playbook is to resort to tie-ups in…

Wall Street’s Big Coronavirus Mistake

Mar 16, 2020 at 14:27 | Kurt Cobb

Investment professionals on Wall Street spend their days reading financial reports and looking at numbers flash on screens. These numbers record the moment-to-moment changes in the collective wisdom of markets…

Energy Stocks Battered As Market Meltdown Continues

Mar 12, 2020 at 15:15 | Tom Kool

The increasingly desperate situation in oil markets has forced down big names in energy to 16-year lows as crude prices tumble into the lower $30 per barrel range…

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…

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…

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…

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…

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…

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…

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…

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