Halliburton (NYSE:HAL) has seen its stock price decline by almost 30% since early October, currently trading at about $31 per share. While the stock has…
Tag: Featured
NYSE:LBRT – Liberty Oilfield Services Stock Outlook
Bank of America Corp DE grew its stake in shares of Liberty Oilfield Services
Optimism Over End to Oil Glut
Crude posted its biggest gain in almost two months as the world’s largest oil exporters prepare to discuss global supplies.
Futures rose 2.4 percent in New York on Monday after registering the worst weekly swoon in more than 2 1/2 years. All eyes are on this week’s G20 gathering in Argentina that will include Saudi Crown Prince Mohammed Bin Salman and Russian President Vladimir Putin. That event will be followed by a key OPEC meeting next week in Vienna.
The Mexico City-based company Vista Oil & Gas plans to invest $157.4 million in Argentina’s Vaca Muerta
Vista Oil & Gas plans to invest $157.4 million in its first pilot projects in Vaca Muerta, betting on the Argentinian shale play for oil and natural gas production growth.
EOG Will Boosts Spending, Oil Production Guidance After Record Quarter
EOG Resources Inc. is increasing its 2018 exploration and development expenditure forecast and raising its target for full-year crude oil production growth after posting record volumes during the third quarter, management said.
The U.S oil boom is now hitting the market / Justices to Decide Whether Rule of Capture Applies to Fracking
The U.S oil boom is now hitting the market, thanks to (frac) fracking, it has stunned global energy markets. The U.S. has already leapfrogged both…
Russia’s energy ministry is discussing potential oil production cuts
Russia’s energy ministry is discussing potential oil production cuts with local producers and will continue the production cut talks to come up with a position…
North Dakota oil industry is likely to slow down in upcoming months
Falling prices are a key reason for a decline in the oil-rig count in North Dakota from 67 in October to 62 currently, Helms said….
CIA: Saudi Crown Prince Mohammed bin Salman ordered the assassination of journalist Jamal Khashoggi
The CIA has determined that the Oil rich Saudi Crown Prince Mohammed bin Salman ordered the assassination of journalist Jamal Khashoggi, The Washington Post reported…
The Ex Chief executive of Calvin Klein ‘Tom Murry’ Talks about his time as a Rig Hand
Business Lessons Learned On An Oil Rig It’s not every day that you get to hear about a CEO who oversees a fashion brand which…
U.S. crude is plunging from nearly four-year highs six weeks ago to its lowest level since early December.
The slump reflects a fundamental change in the outlook for the oil prices. A month ago, traders were concerned that a looming shortage of oil…
Oil Prices Rise After Saudis Hint at a Production Cut
OIL PRICES BROKE AN 11-day drop Monday after Saudi Arabia’s energy minister announced that OPEC and its allies might cut production to stabilize prices. Brent…
Asia markets retrace some losses; oil prices closely watched after OPEC warns on output
Oil will be in focus after several OPEC members and other crude exporters warned about oversupply in the market that could push prices lower. Saheli…
Oil prices climb after 10 days of losses
Demand for Saudi oil is “tapering off” in part because of seasonal factors, so the kingdom will ship less Oil climbed after a record run…