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CNNMoneyThis oil stock crashed 29% this weekCNNMoneyOil prices has stopped crashing, but oilfield services company Weatherford International is still in crisis mode. Weatherford (WFT) stock has plummeted 29% this week, on track for its biggest weekly plung
Admin 07.05.2016 0 83

CNNMoneyThis oil stock crashed 30% this weekCNNMoneyOil prices has stopped crashing, but oilfield services company Weatherford International is still in crisis mode. Weatherford (WFT) stock has plummeted 30% this week, its biggest weekly plunge since the 2
Admin 07.05.2016 0 74

CNBCExxonMobil loses coveted AAA credit rating from S&P on low oil pricesCNBCStandard and Poor's downgraded ExxonMobil's credit rating from AAA to AA+ on Tuesday because of expectations of continuing low oil prices. S&P told CNBC that it ha
Admin 27.04.2016 0 61

STLtoday.comSaudi Arabia faces new oil titan once battle with shale is wonSTLtoday.comSince it was unveiled in late 2014, Saudi Arabia's strategy to bring the world's oversupplied oil markets back into balance by squeezing competitors with lower pr
Admin 07.03.2016 0 79

24/7 Wall St.Oil Nations Face Financial Debacle24/7 Wall St.Low oil prices have taken a toll on U.S. producers, sending some of the smaller firms with high debt loads into the bankruptcy courts. The impact on some oil producing nations has created similar
Admin 06.03.2016 0 65

CNNMoneyOil crash could kill Exxon's perfect AAA ratingCNNMoneyThe ratings company placed Exxon on a negative credit watch, warning the oil giant's credit measures will remain "weak" through 2018 due to the dramatic plunge in oil prices.
Admin 03.02.2016 0 106