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Oil and gas business activity plunges, outlook turns negative: Dallas Fed surveyOil and gas business activity in Texas and neighboring states plunged in the fourth quarter, according to the Dallas Federal Reserve. Time to legalize marijuana. Probably going to plunge much further unless the oil price recovers...which I suspect that it will.
Source: CNBC - 🏆 12. / 72 Read more »
Oil prices under pressure amid global market unease, but Libyan disruption supportsOil prices were under pressure on Tuesday amid worries over global stock markets...
Source: Reuters - 🏆 2. / 97 Read more »
Saudi energy minister says he discussed oil market with U.S. counterpartSaudi Arabia's Energy Minister Khalid al-Falih said in a tweet he had discu... He discussed murdering a journalist KickSaudiOut This is hardly shocking, he’s the, ya know, Energy Minister..
Source: Reuters - 🏆 2. / 97 Read more »
Oil majors to remain resilient despite market volatility, S&P Global Ratings saysS&P's expects aggregate crude production to grow -- something OPEC likely won't be thrilled about.
Source: CNBC - 🏆 12. / 72 Read more »
Oil dips amid stock market slide, traders await OPEC meetingOil prices dipped on Thursday as stock markets slid and as traders eyed an OPEC ...
Source: Reuters - 🏆 2. / 97 Read more »
Trump fears political price from oil spike, market turmoilPresident Donald Trump is fretting about two rising global challenges that threaten a political gut punch as he gears up for his 2020 election bid -- a possible oil price hike and market shocks triggered by his trade wars. StCollinson The market has finally realized we have a madman in the White House...realDonaldTrump, clueless, tweeting nonsense about trade, threatening the free market & businesses who don’t align with his insanity: How do we still consider this Free Market Economy? StCollinson You still think Trump is gonna make it to 2020? StCollinson Plus his legal troubles!
Source: CNN - 🏆 4. / 95 Read more »
Here’s what’s at stake in the oil market when OPEC and Russia meet next weekAchieving a balance in the oil markets is proving to be a challenge for the Organization of the Petroleum Exporting Countries and its allies, and they face their stiffest test yet when they meet in Vienna next week.
Source: MarketWatch - 🏆 3. / 97 Read more »