CNBCLook out below! Behind the $4 million bet on oil plungeCNBCOil and gas stocks are up more than 27 percent year to date, but one trader is making a $4 million bet that the group will tumble by the end of this year. After surging above 50 last month, cru …
Financial TimesUK oil and gas production rises but exploration slumpsFinancial TimesHowever, industry leaders cautioned that the increase stemmed from investment decisions made during the boom years of $100-a-barrel oil and warned that exploration had almo …
Wall Street JournalHow Oil's Fall Has Flummoxed ForecastersWall Street JournalInstead, it fell dramatically as global production grew faster than expected, led by booming output from U.S. shale-oil fields. Many analysts revised their projections heavil …
CNBCOil has become a 'hot mess,' and these charts show why, technician saysCNBCLooking at a chart of crude oil, Worth said he sees a series of lower highs and higher lows, meaning that oil is headed toward an "apex" between resistance and …
New York PostObama blocks Halliburton's $28B oil patch dealNew York PostThis time around it was the $28 billion oil patch tie-between Halliburton Co. and rival Baker Hughes that was blocked. Regulators felts the merger of the No. 2 and No. 3 oil servic …
ReutersAs oil plows through $45 a barrel, US producers rush to lock in pricesReutersHOUSTON U.S. oil producers pounced on this month's 20 percent rally in crude futures to the highest level since November, locking in better prices for their oil by sell …
Business InsiderAutumn demand lull to put more pressure on oilFinancial TimesIf July was a torrid month for oil bulls, they might want to hold tight for further turbulence. Oil demand is heading for its seasonal lull as drivers scale down summer road trips …
Oil's Tumble Means a Fast 30% Gain with This TradeMoney MorningYou see, some of those folks could be looking at a mighty lean year, depending on their oil exposure. But as we know, there's an opportunity to make money as share prices fall. Today I …
Wall Street JournalOil Prices Slip Again on Dollar's StrengthWall Street JournalLONDON—Oil prices slumped again on Friday, as the U.S. dollar strengthened, wrapping up a terrible month in which prices fell back to levels last seen in January. While the …
Investing.comOil Supported by Weaker Dollar, Market Forecasts AwaitedWall Street JournalChina's oil imports suffered an unexpected fall in May as a large chunk of oil refining capacity was offline for maintenance and storage facilities were stressed du …