Saudi Arabia, Russia in No Mood to Cave to US Fracking Boom by Wolf Richter • May 12, 2015 • 16 Comments Their oil production sets records, US drillers aren’t backing off either, glut gets worse.
Why It’s Time to Be Cautious in the Oil & Gas Sector by Wolf Richter • May 10, 2015 • 3 Comments Even the big names in the sector are running into trouble.
Is This The Top For Oil Prices For Now? by Oilprice.com • May 6, 2015 • 2 Comments Investors are still allocating monies to broken models.
Atlanta Fed’s “GDP Now” Model Totally Nailed Ugly Q1, “Blue-Chip” Economists Ludicrously Optimistic by Wolf Richter • Apr 29, 2015 • 6 Comments Hype mongers on Wall Street were shocked and appalled to see reality.
Manufacturing Falls Apart in the Middle of the US by Wolf Richter • Apr 28, 2015 • 1 Comment Disturbing references to Crisis Year 2009 crop up in Fed reports.
Oil Prices Won’t Recover Anytime Soon – Exxon CEO by Nick Cunningham • Apr 22, 2015 • 4 Comments There’s mounting evidence oil might rebound. But what if the bust isn’t over yet?
Who Is Saudi Arabia Really Targeting In Its Price War? by Art Berman • Apr 20, 2015 • 7 Comments Follow the money!
The Chilling Thing Blackstone Said about the Oil Bust by Wolf Richter • Apr 19, 2015 • 2 Comments Energy companies “biding their time in the hopes they don’t have to face the music.”
Russia Expands Sphere Of Influence via Iran Nuclear Deal by Nick Cunningham • Apr 15, 2015 • Comments Off on Russia Expands Sphere Of Influence via Iran Nuclear Deal Kremlin looks to Middle East and China.
Oil Crushed by US-Saudi-Russian Supply Glut by Wolf Richter • Apr 8, 2015 • 10 Comments No one backs off. Price plunges.