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Business InsiderEven fried chicken sales are down because of the oil crashBusiness InsiderPopeyes' chicken tenders and biscuits are also on the list of things oil workers are cutting spending on. During the second-quarter earnings season, several compa
Admin 18.08.2016 0 79

Wall Street JournalOil Price Recovery Likely to Continue, Say Company ExecutivesWall Street JournalLONDON—Oil prices, which earlier Thursday broke through a key psychological level of $50 a barrel, are likely to continue recovering into next year as suppli
Admin 18.08.2016 0 72

Venezuela's PDVSA seeking to securitize oil services debtsReutersSeveral oil services companies suspended or slowed operations this year due to difficulties in obtaining payment from PDVSA, which is struggling because of low oil prices and a decaying s
Admin 17.07.2016 0 58

The GuardianNiger delta oil spill clean-up launched – but could take quarter of a centuryThe GuardianA fisherman displays his meagre catch from a creek near Goi in Ogoniland. Nigeria is launching a $1bn clean-up operation in the oil-polluted Niger delta re
Admin 02.06.2016 0 49

Why We Need $120 OilOilPrice.comIf the price of oil drops from $100 per barrel to $50 per barrel, this change adversely affects the income of a large share of people who formerly benefited from the high price. Thus, the drop in oil prices affects the incom
Admin 01.06.2016 0 52

Wall Street JournalOil Change: Affluent Saudi Arabia Goes to WorkWall Street JournalRIYADH—Saudi Arabia's leadership has taken up the challenge of weaning the kingdom from its dependence on oil. Ahmed Ameen is just trying to keep his mobile-phone store
Admin 01.06.2016 0 65

USA TODAYStocks set to rebound as oil rallies amid ongoing questions about consumerUSA TODAYWall Street, still smarting over weak retail earnings that raised questions about the health of U.S. consumers, is pushing stocks higher Thursday amid a rebound in
Admin 12.05.2016 0 43

Uganda chooses Tanzania over Kenya for oil pipeline routeThe GuardianHaving had a pipeline route through Kenya rejected by Uganda, Kenya plans to build a pipeline from Lokichar in its oil-rich Turkana region to Lamu, where it is building a port, close to t
Admin 12.05.2016 0 44

ReutersOil drillers dig for the bottom for rig countsReutersThe U.S. rig count may finally be bottoming out as U.S. oil companies look for oil prices to rally just a bit more, a signal that the time has come to deploy more capital and get production moving
Admin 06.05.2016 0 54

Wall Street JournalBanks Dodge One Oil-Patch RiskWall Street JournalBanks have provided further evidence that they are weathering the oil-price bust so far. Going into first-quarter earnings season, one of the biggest worries hanging over banks had to do w
Admin 03.05.2016 0 60