Who on Wall Street is Now Eating the Oil & Gas Losses? by Wolf Richter • Oct 20, 2015 • 14 Comments This trade has become blood-soaked.
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.”
Shell Oil Loses $7 Billion in US Arctic, Leaves it For Dead by Nick Cunningham • Sep 28, 2015 • 6 Comments Casualty of much more than just the oil price collapse.
A Spinoff Goes to Heck, after Just 10 Months by Wolf Richter • Sep 17, 2015 • 15 Comments Wall Street engineering at its best. Investors now get their hands burned off.
“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”
It Gets Even Uglier In Canada by Wolf Richter • Aug 30, 2015 • 25 Comments Businesses get “crunched” in the Oil Patch, consumers lose it, indexes hit Financial Crisis levels.
New Vehicle Sales Collapse in Canada’s Oil Patch by Wolf Richter • Aug 26, 2015 • 4 Comments Oil spills into the broader economy.
Whose Capital Is Getting Destroyed in US Natural Gas? by Wolf Richter • Aug 24, 2015 • 9 Comments Chesapeake’s bonds are plunging.
