OPEC May Cull Weaker Members by Oilprice.com • Dec 26, 2014 • Comments Off on OPEC May Cull Weaker Members At current prices, OPEC revenues in 2015 could plunge 50% from 2013.
First Oil, now US Natural Gas Plunges off the Chart, “Negative Igniter” for New Debt Crisis by Wolf Richter • Dec 23, 2014 • Comments Off on First Oil, now US Natural Gas Plunges off the Chart, “Negative Igniter” for New Debt Crisis No respite for the American oil patch and its investors.
Oil Price Crash Triggered by the Fed? Amazing Chart by Wolf Richter • Dec 21, 2014 • 5 Comments The Fed giveth, the Fed taketh away. What’s going to crash next?
Great Unwind of Oil-and-Gas Junk Bonds to Defund Fracking? by Wolf Richter • Dec 16, 2014 • 1 Comment Yields spike, damage spreads. Investors try to bail out while they still can.
This Is Why the Oil-Price Crash Will Maul the US Economy by Wolf Richter • Dec 15, 2014 • 18 Comments Wall Street promises a big boost to US GDP. What have these folks been smoking?
What the Heck Just Transpired in the Global Markets? by Wolf Richter • Dec 14, 2014 • 8 Comments Stocks, junk bonds, oil, and the bitter whiff of international chaos.
Bloodletting in the American Oil Patch Has Only Just Begun by Oilprice.com • Dec 13, 2014 • Comments Off on Bloodletting in the American Oil Patch Has Only Just Begun An attribute of this oil market is its incredible ability to breed selling as it goes lower.
When the Market Moves Fast, Stuff Blows Up by Contributor • Dec 12, 2014 • 2 Comments The massive moves in the dollar and oil? I assure you, someone is going to get hurt.
Oil Bust Contagion Hits Wall Street, Banks Sit on Losses by Wolf Richter • Dec 11, 2014 • 6 Comments Wall Street made a killing on the fracking and offshore booms, but now the tide turns.
This Chart Shows Which Countries Get Mauled the Worst by the Oil Bust by Wolf Richter • Dec 9, 2014 • Comments Off on This Chart Shows Which Countries Get Mauled the Worst by the Oil Bust Oil busts can exact a terrible price, even in the American oil patch.