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Economy

May 8, 2020

Russia’s unwillingness to lose market share pays off?

Bankruptcies, Commodities, Economy

For Russia, it’s the unwillingness to lose market share has paid off, but for the U.S? within a month five US oil and gas companies…

News
May 6, 2020

Houston confronts one-two punch of COVID-19 and oil bust

Economy

Many energy jobs typically pay twice as much as other local employment and “once you start to cut those jobs out, you are taking a…

News
April 2, 2020

Trump – Saudis and Russia will ease pressure on oil

Crude Oil Prices, Economy, OilField

President Donald Trump said Saudis and Russia will ease pressure on oil, ending a price war that has contributed to crude’s massive plunge. The president…

News
April 1, 2020

Expect a Severe Depression if Quarantine lasts for over 6 Months

Economics, Economy

The sudden economic stop caused by COVID-19 will have a lasting effect on the Economy and will be felt by almost every American. A recession…

News
March 20, 2020

MASS LAYOFFS IN NORTH DAKOTA – TEXAS

Brent Crude, Commodities, Economy

John Kilduff, Again Capital founding partner, calls ‘Power Lunch’ to discuss oil plunging into the close and what’s behind the move. John Kilduff, CNBC contributor…

News
March 17, 2020

Mnuchin warns U.S jobless rate could hit 20%…

Business, Commodities, Economy, OilField

Treasury Secretary Steven Mnuchin raised the possibility with Republican senators that U.S. unemployment could rise to 20% without government intervention because of the impact of…

News
March 15, 2020

Chairman Jay Powell – Federal Reserve takes emergency action

Economy

Chairman Jay Powell – Federal Reserve takes emergency action to save the economy

News
March 13, 2020

El-Erian: I’m worried about a sudden stop in the economy

Economy

A sudden stop may also be accompanied by a currency crisis or a banking crisis or both

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