Canada’s Oil Patch Goes Into Convulsions, Business Confidence Plunges to Financial Crisis Lows by Wolf Richter • Jun 26, 2015 • 5 Comments Worry of “full-fledged contagion to the rest of the country.”
‘Huge Increase’ in Oklahoma Quakes ‘Game-Changer’ For Oil & Gas Industry by Nick Cunningham • Jun 25, 2015 • 4 Comments If there’s “loss of life,” you’ll have “a cloud that hangs over the energy sector for the rest of our lives.”
Wave of Defaults, Bankruptcies Spook Bond Investors by Wolf Richter • Jun 19, 2015 • 11 Comments And these are the good times.
Biggest Glut in Recorded Crude-Oil History Taking Shape by Wolf Richter • Jun 16, 2015 • 16 Comments A miracle could stop it, but miracles have become rare.
The Men Who’re Stealing The Sun by Don Quijones • Jun 14, 2015 • 15 Comments Spain cracks down on the scrappy little guy to protect its oligopolies.
Concerns Over Fracking Earthquakes Spread To Texas by Oilprice.com • Jun 8, 2015 • 6 Comments First was Oklahoma, now earthquake capital of the US.
Asian Financial Sector Hit Hard By Low Oil Prices by Oilprice.com • Jun 3, 2015 • Comments Off on Asian Financial Sector Hit Hard By Low Oil Prices Bankers are worried, and energy deals are dying.
New Giant Jumps into Oil Trading Fray as Banks Bail Out by Contributor • May 27, 2015 • Comments Off on New Giant Jumps into Oil Trading Fray as Banks Bail Out The oil price plunge has simply been too great for some investment banks to handle.
What Does Exxon Know That We Don’t? by Dan Dicker • May 24, 2015 • 6 Comments Exxon is staying unnervingly quiet.
Goldman: Oil Rally “Self-Defeating,” Oil at $45 by October by James Stafford • May 19, 2015 • 1 Comment Problem is not just a glut of oil, but also a glut of capital.