CNNMoneyWhy people are freaking out about cheap oilCNNMoneyOil companies are dying: The U.S. energy boom was fueled by expensive drilling technology that was designed for far higher oil prices and paid for with lots of debt. Those loans are now much harder …
CNNMoneyU.S. running out of space to store oilCNNMoneyCushing, Oklahoma is the delivery point for most of the oil produced in the U.S. This key trading hub is currently swelling with 64 million barrels of oil. That represents a near-record 87% of the facil …
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. …
FortuneOil Prices and Asian Markets Tumble Yet AgainFortune“There's no sign of improvement in the oil market. Demand is slowing in many emerging markets and in the U.S, which is the world's biggest consumer, oil inventories stood high,” said Shuji …
CNNMoneyWhy you should worry about cheap oilCNNMoneyBut cheap oil is also causing mayhem in global stock markets. The Dow is off to its worst start to a year ever. The financial headlines at the start of 2016 are downright scary. With that backdrop, any eu …
CNBCFrom horrible to just bad: Dow ends down 249 pointsCNNMoneyIt was another nightmarish day on Wall Street -- even though it ended on a less scary note. The Dow plunged as much as 565 points on Wednesday after crude oil crashed below $27 a barrel. Howeve …
CNNMoneyOil crash sends Dow diving 400 pointsCNNMoneyCheap oil is great for car drivers but it's freaking Wall Street out for a many reasons. First, the oil crash is hurting corporate profits, especially in the energy sector. The S&P 500 energy gro …
CNNMoneyOil crash sends Dow diving 500 pointsCNNMoneyCheap oil is great for car drivers but it's freaking Wall Street out for a many reasons. First, the oil crash is hurting corporate profits, especially in the energy sector. The S&P 500 energy gro …
CNNMoneyOil crash sends U.S. stocks to 15-month lowsCNNMoneyCheap oil is great for car drivers but it's freaking Wall Street out for many reasons. First, the oil crash is hurting corporate profits, especially in the energy sector. The S&P 500 energ …
A trade made for oil prices that never recoverYahoo7 NewsBut there's another parallel from the divestment movement worth considering for investors tired of trying to time an oil rebound: the fate of coal stocks. Many leading institutional investors hav …