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Prominent hedge fund manager Andy Hall got burned in July after oil prices crashed. Heading up Astenbeck Capital Management, Hall has made very large bets that oil prices would rebound, citing the...
Things have rarely looked so bad for Fluor (NYSE:FLR) and the construction management services industry in general. Unlike some other firms in the industry (e.g. KBR (NYSE:KBR) and Mcdermott...
Many oil companies had trimmed their budgets heading into 2015 to deal with lower oil prices, but the rebound in April and May to $60 per barrel from the mid-$40s suggested that the severe drop was...
A flood of bearish news has pushed down oil prices to their lowest levels in months, with WTI nearing $45 per barrel and Brent flirting with sub-$50 territory.With a bear market back, there is...
Fresh news of the continued growing supply of oil and the weakening demand in China caused the price of crude to begin this week with a plunge. And investors can see little relief in the future, as...
Once international sanctions on Iran are lifted, the country will be able to increase its production of crude oil to pre-sanctions levels – by 500,000 barrels per day within a week, and by more...
As the price of oil starts its second dramatic act of the year, collapsing after a short-lived rebound in the Spring, many investors are undoubtedly hoping that the price will start to rise again...
Lately the leaders of some of the world’s biggest energy companies have been saying oil prices will remain depressed for some time – perhaps for the next five years – and now...
The latest economic data from Canada shows that it is inching towards recession after its economy posted its fifth straight month of contraction.Statistics Canada revealed on July 31 that the Canadian...
The leaders of BP (LONDON:BP) appear to have joined their counterparts at Royal Dutch Shell (LONDON:RDSa) in concluding that oil prices will stay low for longer than anyone had previously...
Iraq has successfully ramped up oil production in recent months despite ongoing violence. According to Deutsche Bank (XETRA:DBKGn), Iraq produced 4.1 million barrels of oil per day in June, a record...
The age of electrification across the transportation sector, the solar panel revolution, and Tesla’s battery gigafactory are igniting a battle for the cheapest battery. That will transform...
With oil prices hitting their lowest levels since March, a renewed sense of gloom has washed over oil markets, and with it, fears over deeper trouble for U.S. shale companies are spreading.After...
Global oil prices have returned to a state of flux. This is hardly news to anyone who follows the oil markets closely. Yet prices continue to drive international headlines.While oil prices are...
A product, technology or energy source that is both cost-effective and bankable will scale, and this is the key to victory. The good news for photovoltaics is that nothing scales like silicon, except...
Russia may have though it was out of the woods this past spring when oil prices started to rise, but the onset of another bear market for oil presents serious economic and financial threats for the...
With all eyes currently transfixed on Iran’s nuclear future, there is seemingly little attention being paid to another landmark Middle Eastern nuclear trend, spearheaded by Russia.Moscow’s...