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CNBCOil credit crunch may be worse than housing crisisCNBCOil and gas companies borrowed heavily when oil prices were soaring above $70 a barrel. But in the past 24 months, they've seen their values and cash flows erode ferociously as oil prices plunge
Admin 15.01.2016 0 59

CNBCKilduff: Time for an oil-industry bailout?CNBCIt is only in the past several years that the United States, along with Canada, has been able to achieve a semblance of North American energy independence. United States crude oil-production soared to as mu
Admin 07.01.2016 0 52

CNBCOil prices have moved into 'super contango'CNBCIt looks to be a volatile final few weeks for crude oil prices. So far, the low for WTI oil prices in 2015 of $37.75 a barrel set in August stands as the low price point -- but not for long. There
Admin 26.11.2015 0 65

OilPrice.comChina devaluation sends oil to 6-year lowMarketWatchChina's decision to devalue the yuan sent the U.S. oil benchmark tumbling Tuesday, settling at its lowest level in more than six years on worries over the health of the Chinese economy and
Admin 12.08.2015 0 60

CNBCOPEC just kicked oil into the $30sCNBCIncreased pumping by OPEC as Chinese demand appears to be slackening could drive oil to the lowest prices since the peak of the financial crisis. West Texas Intermediate crude futures skidded through the year's
Admin 12.08.2015 0 83

MetroFirst legal 'Charlotte's Web' cannabis oil to go on sale in the UKMetroA London and Kent-based company have become the first UK distributors of cannabis oil since it was made legal. Cannabis oil has become increasingly sought after as an a
Admin 11.08.2015 0 77

CNBCOil collapse couldn't come at worse time for industryCNBCThe U.S. energy industry was licking its wounds when oil recovered to the $60 level in April. Now, with the price of a barrel back in the $40s, the industry mood is dark, with an outlook for
Admin 10.08.2015 0 105

MarketWatchOpinion: To get Turkey to defeat ISIS, offer Mosul's oilMarketWatchTurkey demanded Mosul for the following seven years, but Britain got the League of Nations to impose an agreement that handed Mosul over to the newly founded kingdom of Iraq
Admin 06.08.2015 0 83

Business InsiderA fundamental weakness is taking hold in the oil marketBusiness InsiderIn the meantime, OPEC members are pumping at what appears to be a frantic rate, showing a willingness to sacrifice the price of oil in exchange for reclaiming the market
Admin 06.08.2015 0 81

CNBCOil prices falling, but drivers could reap benefitsCNBCYou'll certainly see many states where most of the service stations are below $2," said Andrew Lipow, president of Lipow Oil Associates. The national average for unleaded gasoline Wednesda
Admin 06.08.2015 0 73