Volatility in the market today triggered the first of three circuit breaker rules (a 7% drop of the S&P 500) and trading resumed at 9:49…
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Oil Sector Companies with high debt could see bankruptcies soon
Eric Hess, Newfleet Asset Management portfolio manager, joins ‘Fast Money Halftime Report’ to discuss the state of the market amid the oil war. Oil Wars:…
Markets sell-off amid the coronavirus outbreak and all-out price war in oil.
Jonathan Golub of Credit Suisse and Joyce Chang of JPMorgan join “Squawk on the Street” to discuss the market sell-off amid the coronavirus outbreak and…
Stocks Plunge At Market Open, Dow Down 1800 Points
Trump says oil price plunge is ‘good for the consumer’ as he blames media, oil for stock drop. Investors continued to seek safer assets amid…
Bankruptcies & Mass Layoffs Coming to American Shale Companies?
Futures on the Dow Jones Industrial Average plunged more than 900 points. The S&P 500 futures also indicated a 4% drop at the open on…
Saudi Aramco Cuts Crude Oil Prices
The cuts in monthly pricing by state producer Saudi Aramco are the first indication of how the Saudis will respond to the break up of…
Exxon Mobil plans to reduce the number of oil rigs operating in Texas
Exxon Mobil said Thursday it plans to reduce the number of oil rigs operating in an oil-rich region in the Southwest and may cut planned…
Eagle Mountain Energy Partners Moves in on the Williston Basin
Eagle Mountain Energy Partners (“EMEP”) is a private, Houston-based exploration and production company focused on the acquisition and development of oil-weighted opportunities, primarily in the…
China to Support Markets as Coronavirus Spreads
The CSI 300 Index dropped as much as 9.1% as onshore financial markets opened for the first time since Jan. 23. China’s central bank said…
Wilbur Ross Says Coronavirus Will Be GREAT For US Economy?
Commerce Secretary Wilbur Ross appeared on Fox News this week to talk about how awesome the coronavirus is going to be for the U.S. economy….
Equinor, Rosneft to develop Arctic oilfield
Equinor, Rosneft to develop Arctic oilfield in joint investment. Elisabeth Birkeland Kvalheim, country manager for Equinor in Russia, said: “This is an important milestone in…
Bankruptcies coming for the energy industry
More restructuring, bankruptcies coming for the energy industry: Expert warns. Michael Bradley, Tudor, Pickering, Holt and Company managing director and senior equity salesperson, joins ‘The…
More bad news for FRAC Crews And Oilfield Services Companies
Chief Executive Chris Wright from Liberty frac The firm has no plans to add more equipment to its fleets, Chief Executive Chris Wright told investors…
Oasis Petroleum (OAS) Reports Q3 Loss
Oasis Petroleum (OAS) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of a loss of $0.01. This compares…