March 9, 2020
“9:49 a.m. ET: Stocks resume trading, S&P, Dow plunge anew The S&P 500 and Dow extended losses after reopening following a 15 minute halt for trading. The broader market index slid about 7.2%, or more than 200 points, while the… Continue Reading…
January 29, 2020
“Shares of Chesapeake Energy Corp. CHK, +7.87% soared 8.3% in premarket trading Wednesday, to bounce off the previous session’s 26-year low, after the oil and gas company provided a preliminary fourth-quarter production update… Chesapeake said it eliminated $900 million in debt, reduced expenses… Continue Reading…
January 8, 2020
I’m going to keep this short and sweet. If any of you fear losing money in the stock market because of whats happening in the middle east don’t be scared. A safe bet would be to move your money over… Continue Reading…
September 23, 2019
“Surging output from shale helped America ship almost nine million barrels a day of crude and oil products in June, surpassing Saudi Arabia, the International Energy Agency said in a report, citing gross export figures. There’s room to send even more… Continue Reading…
September 16, 2019
“Stocks opened lower Monday, after oil prices jumped sharply in the wake of a weekend attack on Saudi Arabia’s largest oil facilities knocked out more than half of the kingdom’s production. The Dow Jones Industrial Average DJIA, -0.32% fell 97.22 points, or 0.4%,… Continue Reading…
September 3, 2019
“Hedge funds are becoming slightly more pessimistic about the outlook for oil and the economy, though position changes remain small owing to the holiday season in North America and Europe… Fund managers sold a total of 26 million barrels in… Continue Reading…
June 5, 2019
“Louisiana lawmakers want to redirect nearly $700 million in Gulf oil spill recovery money that had been earmarked for trust funds to instead finance roadwork, bridge upgrades and port improvements. The state is receiving yearly payments of $53.3 million through… Continue Reading…
April 25, 2019
“Want to save money at the pump? Fill up on Monday morning on your way to work… In a study provided exclusively to USA TODAY, GasBuddy assessed the best day to fill up and the worst day to fill up… Continue Reading…
April 12, 2019
“Canada’s oil and gas industry could shed another 12,500 and more jobs this year, which would bring the total job losses over the past five years to 23 percent of the 2014 total, which stood at 226,500. These are among… Continue Reading…
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