A Secret About Oil You Won’t Find Anywhere Else by Contributor • Mar 2, 2016 • 81 Comments This is going to be a far larger problem than Wall Street realizes.
After Messy Price War, OPEC Gets the Blues, Can’t Figure Out How “to Live Together” with US Shale Oil by Wolf Richter • Feb 23, 2016 • 37 Comments El-Badri’s nightmare.
Desperate Oil Giant Pemex Makes a Deal with KKR by Don Quijones • Feb 21, 2016 • 11 Comments On the bright side, it’s not bankrupt – according to the new CEO
Another Doomed Rally in Oil by Oilprice.com • Feb 20, 2016 • 12 Comments The upside for oil is extremely limited.
Five-Year Retail Boom in Texas Implodes by Wolf Richter • Feb 18, 2016 • 26 Comments The Oil Bust Bites.
Banks Much Deeper in the Hole on Oil & Gas Collateral than they Pretend by Wolf Richter • Jan 25, 2016 • 45 Comments “All of it is in the gutter.”
Schlumberger Loses $1 Billion, Raises Layoffs to 30,000, Doubles Share Buybacks to $20 Billion by Wolf Richter • Jan 21, 2016 • 31 Comments A good swig of financial engineering to make the results go down better.
Even Bankruptcy Can’t Slow US Oil Production Much, it Seems by Dan Dicker • Jan 3, 2016 • 7 Comments The resilience of fracking unexpectedly extends the timeline in this oil bust.
Dollar-Debt Blows up in Mexico, Pushes Biggest Construction Firm toward Abyss by Don Quijones • Dec 19, 2015 • 7 Comments The oil connection.
Retail Sales in Texas Plunge by Wolf Richter • Dec 14, 2015 • 14 Comments Oil Bust Contagion Spreads.
