News
Will Alpine High pan out? Analysts weigh in
The investment community is torn on Apache Corp.’s new find in West Texas. Plenty are unconvinced that Alpine High, as the Houston company is calling it, will produce as advertised. Apache has announced finds before...
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Market Currents: Kung Fu crude remains choppy
After rallying like a mad thing to start the day (month, and year…), crude prices have reversed course, weighed down by a stronger dollar. Volatility looks set to be the theme for this quarter, with...
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Oil rises above $55 a barrel as OPEC delivers on output cuts
Oil climbed to an 18-month high in New York as output cuts by Kuwait and Oman signaled OPEC and its partners are delivering on their agreement to stabilize the market. Futures rose as much as...
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BJ Services emerges as standalone company again
A business with a 144-year history, BJ Services is again emerging as a standalone company after Houston based Baker Hughes said Friday it finalized the sale of a majority stake in the hydraulic fracturing and...
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Rig count inches higher during holidays
The number of rigs drilling for oil jumped up slightly this week even during the holiday slowdown as energy companies respond to higher oil prices. Small gains in both Texas’ Permian Basin and Eagle Ford...
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