Archives for 2016
Texas suing EPA over methane crackdown
Texas Attorney General Ken Paxton is suing the U.S. Environmental Protection Agency to block a rule cracking down on methane emissions from oil and gas operations. In a suit filed in the D.C. Circuit Court...
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Oil settles above $40 a barrel after falling below threshold in intraday trading
Oil dropped below $40 a barrel in New York for first time since April, before recovering to settle just above the key threshhold. Futures extended their rout after tumbling 14 percent in July. Saudi Arabia...
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Market Currents: Saudi still battling for market share
A new week, a new month, a new sell-off. Crude prices are charging lower to start the week as a plethora of bearish indicators emerge to encourage crude lower. Hark, here are five things to...
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Growing oil glut shows investors there’s nowhere to go but down
Money managers have never been more certain that oil prices will drop. They increased bets on falling crude by the most ever as stockpiles climbed to the highest seasonal levels in at least two...
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Oil prices continue to slide
Oil fell after its biggest monthly decline in a year as U.S. producers increased drilling and crude and fuel stockpiles remained at the highest seasonal level in at least two decades. Futures slipped 1 percent...
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