Saudi, US Oil Inventories Hit Record High as Demand Fizzles by Wolf Richter • Oct 19, 2015 • 18 Comments Crude oil inventory buildup points at a potential fiasco by next spring.
The Dismal Thing Schlumberger Just Said about US Oil by Wolf Richter • Oct 18, 2015 • 27 Comments 2016 to be brutal. But then, dreams of “a potential spike in oil prices.”
“There’s Just No Cash”: Oil Bust in Canada Hits Creditors by Oilprice.com • Sep 14, 2015 • 6 Comments What happens when an entire industry, even at higher oil prices, can no longer service its debt?
The Default Next Move For Oil Is Down, And Here’s Why by Oilprice.com • Sep 6, 2015 • 16 Comments Panic seems like a strong word, but….
Brilliantly Timed Oil Reforms Push Mexico into Fiscal Meltdown by Don Quijones • Sep 4, 2015 • 3 Comments The “Peña Nieto Bottom”
New Vehicle Sales Collapse in Canada’s Oil Patch by Wolf Richter • Aug 26, 2015 • 4 Comments Oil spills into the broader economy.
What the Heck is Going on in the Global Markets? by Wolf Richter • Aug 23, 2015 • 30 Comments This isn’t supposed to happen.
A True Jobs Massacre Spreads in US Oil & Gas by Wolf Richter • Aug 5, 2015 • 10 Comments And it’s far from over.
Oil Re-Bloodies the “Smart Money” by Wolf Richter • Aug 4, 2015 • 16 Comments The “liquidity death spiral.”
Oil Falls Off the Chart, Crushes Hopes by Wolf Richter • Jul 6, 2015 • 21 Comments Greatest oil glut in history exacts its pound of flesh.