The “market death” phase of the oil downcycle is about to commence as margins of many producers are starting to dry up, according to an energy analyst. 762 more words
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Oil in Storage Rises More Than Expected Again
“You’re not going to lose anything by waiting,”
(Bloomberg) — When Whiting Petroleum Corp. put itself up for sale this month, the oil industry appeared… 890 more words
A LESSON IN SUPPLY AND DEMAND
Oil traders are growing increasingly nervous that a glut of crude will send prices into a tailspin.
5 ways surplus oil will affect us… 1,645 more words