Jul 8, 2017 | Market News
Frack sand miners plunged in yesterday’s trading, as investors worried about a possible glut of the special sand after a major supplier announced construction of a major new plant in the Permian Basin that would use regional sand On Thursday, privately...
Mar 14, 2017 | Market News
Where have I seen this before? If you have not heard by now, Halliburton (NYSE:HAL) is reportedly close to reaching a deal to acquire Norwegian oil services company Aker Solutions or its key subsea unit. This would be a sizable purchase. Now I know what it reminds me...
Mar 11, 2017 | Market News
“Efficiency” is being stressed this week by oil company leaders. They worry about how too much of a good thing could turn out bad. What were are talking about is too much production. From Exxon Mobil’s (NYSE:XOM) Darren Woods to Statoil’s...
Mar 10, 2017 | Market News
Stocks gain after strong jobs report but snap weekly winning streak Stocks closed with modest gains after this morning’s strong jobs report reaffirmed strength in the U.S. economy as well as the near certainty of a rate hike at next week’s FOMC meeting....
Mar 8, 2017 | Market News
Stocks slip as crude oil plunges more than 5% The S&P and Dow slipped for a third straight day, weighed by energy stocks as U.S. crude oil futures plunged more than 5%. WTI crude fell 5.4% to settle at $50.28/bbl for its worst one-day showing in more than a year,...
