Energy

All Energy Articles

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Short Sellers Press Their Bets on Major Oil

Common sense would say that short sellers have made huge bets and boatloads of money as the stocks and commodities around the oil patch have suffered.

Chris Lange · 12 years ago

Halliburton Will Slash Up to 6,500 Jobs: Report

ThinkstockHalliburton Co. (NYSE: HAL) announced to its employees on Tuesday that the company would lay off between 5,000 and 6,500 employees due to low crude oil prices and the concomitant slowdown in demand for…

Paul Ausick · 12 years ago

Refiners Post New 52-Week Highs

Two of the country’s largest oil refiners posted new 52-week highs Tuesday, even as both saw picket lines outside their plant gates.

Paul Ausick · 12 years ago

Does $20 Oil Mean $1 Gas?

A forecast from Citigroup analysts that crude could fall as low as $20 a barrel has made for some eye-popping headlines.

Douglas A. McIntyre · 12 years ago

Why One Analyst Is Downgrading Exxon Mobil Now

Exxon Mobil received a downgrade Monday morning when Argus took a bearish look at the oil giant, based on expectations for much weaker realized liquids prices.

Chris Lange · 12 years ago

OPEC Blamed for Low Crude Oil Prices

The Bank for International Settlements has released an update to its report on global liquidity conditions, and it is safe to say that the members of OPEC are not likely to be impressed with…

Paul Ausick · 12 years ago