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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OPEC’s new chief faces fragile unity as prices sting have-nots
When OPEC’s new chief starts next week, he’ll take over an organization that’s largely reconciled internal differences after a two-year fight over strategy. But as oil prices sink again, that unity could be at risk....
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How fracking has helped drain profits from plastics recycling
The past couple of years of relatively cheap crude oil and natural gas have upended the industry with the greenest image: recycling. Yes, it’s still an advantage for many businesses and municipalities to recycle rather than...
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