The Wall Street Journal reported that crude oil prices rose 27% in the last three sessions due to lower revised estimates of U.S. oil output and a report that hinted that OPEC may be considering cutting production. read more
SEP 1, 2015 - 6:21 am
Bloomberg reported the $60 billion of oil industry spending cuts this year won’t be enough as crude oil prices languish near a six-year low. read more
AUG 13, 2015 - 7:10 am
A renewed drop in oil prices has put U.S. shale drillers at risk of losing crucial sources of funding. read more
AUG 11, 2015 - 7:02 am
Terry Mulreany
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