Dakota Pipeline The Obama administration shocked the oil industry last week, pulling the plug on a major oil pipeline from the Bakken that had become a flashpoint between a pipeline Continue Reading
Beneath the surge in corporate defaults lies a surge in distressed exchanges. Such exchanges — defined by Moody’s Investors Service as when a troubled company offers its lenders new or Continue Reading
U.S. shale production is expected to fall for an 11th consecutive month in October, according to a U.S. government forecast released on Monday, on the back of a two-year global Continue Reading
With the U.S. government siding in favor of Native American protests against a key North Dakota pipeline, local oil producers and shippers are facing the possibility of greater delays in Continue Reading
Peak Oil: gone and forgotten? Google Inc. searches for the idea that once helped propel oil prices to nearly $150 per barrel have dwindled to almost nothing, according to a Continue Reading
Libya also has right to increase production: Minister Bouterfa Algeria to host talks to stabilize oil market later this month OPEC and other producers can reconcile talks aimed at stabilizing Continue Reading
Interest in the Permian Basin heats up as operators look for new tight oil upside in the Lower 48. Permian Basin merger and acquisition (M&A) deals now make up 25 Continue Reading
Oil Rig pipeline The number of active oil and gas rigs in the United States increased by eleven sites this past week, which marked the eleventh straight week of no-decline Continue Reading
As a humongous draw to oil inventories has wrong-footed the market, crude prices have ripped higher in response. Hark, here are five things to consider in oil markets today: 1) Continue Reading
The largest oil traders are anticipating little relief to what has become the worst market slump in a generation. (Bloomberg) — The largest oil traders are anticipating little relief to Continue Reading
