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April 3, 2020

Trump has meeting with top oil executives

Business, Commodities

President Donald Trump said that the U.S. will “get our energy business back,” as he met with oil executives from at least seven companies amid…

News
April 2, 2020

Russia and Saudi Arabia will cut production?

Crude Oil Prices, Politics

The Tweeter in Chief Donald Trump said Russia and Saudi Arabia would cut production. Stocks fluctuated in Australia and South Korea, gained in Japan, and…

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 2, 2020

Whiting Petroleum files for bankruptcy protection

Whiting Petroleum

Trump told reporters that he expects Saudi Arabia and Russia to end their price war in a “few days.” Denver based Whiting Petroleum said Wednesday…

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 30, 2020

FED: Third of Americans will be unemployed

Economics, OilField

Compared to other slowdowns in the Oilfield, Workers today will have a much harder time. Today’s Laid off oilfield workers will need to compete against…

News
March 30, 2020

Oil drops 6% to 18-year low as global demand evaporates

Commodities
News
March 30, 2020

Oilfield: MADE OVER 99K? NO GOVERNMENT HELP FOR YOU

OilField

If your an oilfield worker and made too much to qualify in your last tax filing, you probably won’t be eligible for the cash benefit…

News
March 30, 2020

Brent Crude Falls to 17-Year Low

Brent Crude, Commodities, Crude Oil Prices

Crude crashed to its lowest in 17-years as virus lockdowns cascade through the world’s largest economies. The market has been roiled by cratering demand and…

News
March 29, 2020

China’s Sinopec cuts 2020 capital spending by 2.5%

China Oil

Asia’s top refiner China Petroleum & Chemical Corp, or Sinopec, will trim capital expenditures in 2020 by 2.5% from a year earlier amid plunging oil…

News
March 29, 2020

NexTier Oilfield Solutions Stock is way down

NexTier

NexTier is formally known as Keane Group, The company was founded in 1973 by the Keane family in Lewis Run, Pennsylvania. on July 2019 the…

News
March 29, 2020

Mainstream media is just catching on to the harsh reality of oil

Oil Markets, OilField

With world running out of storage, crude oil prices in tailspin Global oil prices continue to be in a tailspin amid nationwide lockdowns to stop…

News
March 27, 2020

THE U.S WILL HAVE NO CHOICE BUT TO SHUT IN WELLS

Commodities, Crude Oil Prices

Oil industry braces for biggest idling of wells in 35 years. The U.S is running out of places to store it’s vast amounts of oil…

News
March 26, 2020

Oops – US suspends plans to buy oil after funding is left out of $2 trillion stimulus package

Business

The U.S. Department of Energy is suspending its plans to buy crude for the country’s Strategic Petroleum Reserve after the requested $3 billion in funding…

News

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