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.
“Yes, it Was a Brutal Week for the Oil & Gas Loan Sector” by Wolf Richter • Dec 8, 2014 • Comments Off on “Yes, it Was a Brutal Week for the Oil & Gas Loan Sector” Junk debt explodes. Yields go exponential. Offshore drillers hit the worst.
Norway May Need to Build Post-Oil Economy Pronto by Oilprice.com • Dec 8, 2014 • 1 Comment New oil projects get scrapped amid falling production and plunging prices.
Oil and Gas Bloodbath Spreads to Junk Bonds, Leveraged Loans. Defaults Next by Wolf Richter • Dec 7, 2014 • 11 Comments Revenues, earnings plunge. Liquidity dries up. Stocks eviscerated.
Canada’s LNG Export Dreams Go to Heck by Oilprice.com • Dec 6, 2014 • 1 Comment Done in by the plunging price of oil.
