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Tag: Oilfield Bust

March 11, 2020

When oil prices are this low? Bankruptcies & Mass Layoffs Are Next.

Bankruptcies

Shaia Hosseinzadeh, founder and managing partner of OnyxPoint Global Management, joins ‘Fast Money Halftime Report’ to discuss the energy market and the risks to U.S….

News
March 8, 2020

Bankruptcies & Mass Layoffs Coming to American Shale Companies?

Business, OilField

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…

News
March 7, 2020

Saudi Aramco Cuts Crude Oil Prices

Aramco

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…

News
March 6, 2020

Layoffs in the oilfields expected after crude oil prices dive

OilField

If oil prices do not change for the better we can expect the following to come to fruition. MIDLAND, Tx. (KOSA) – Oil prices took…

News
March 6, 2020

Williston North Dakota is preparing for potential coronavirus patients

OilField

The Oilfield is especially vulnerable to the Virus as workers travel by airport and are in constant interaction with other Co-workers, that use Airports to…

News
June 17, 2019

A Failure Of OPEC+ Could Turn The U.S. Oil Boom Into Another Bust?

Commodities, Crude Oil Prices

By David Blackmon The prevailing conventional “wisdom” appears to be that they will take their medicine one more time, and agree to at least extend…

News
March 21, 2019

Uncertainty in the Colorado oilfield – Is this the end of Colorado Oil Boom?

OilField

Over the next couple years, the uncertainty in Colorado will be heightened as rules are rewritten and lawsuits fly over new local-government rules. As #SB181…

News
February 9, 2019

Officials concerned by sharp increase in oil train traffic from Canada

OilField

Safety officials concerned by sharp increase in oil train traffic from Canada. Oil imports by rail from Canada have hit a historic high, meaning more…

News
January 8, 2019

Evidence Mounts For Another Shale Slowdown

OilField

More and more evidence is pointing at what is now looking like a serious slowdown in U.S. shale activity, as sub $50 WTI is taking…

News
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