4 December 2020
1) Exxon has announced that it will dramatically mark down the value of its natural gas properties, a result of the slow oil price recovery. The plan is to take…
1) Exxon has announced that it will dramatically mark down the value of its natural gas properties, a result of the slow oil price recovery. The plan is to take…
1) Crude oil prices and energy stocks aren’t the only things that have fallen during this oil downturn, land prices with potential oil shale have also plummeted. The average price…
1) The markets sank Monday, down by 762 points, when the news of the Feds bond-buying plan became known, reversing the selling to buying which raised the Dow up 150…
1) The local economies of oil country are being hit hard by the shale oil bust as royalties from oil pumped have shrank to near insignificance. While the oil bust…
1) The Permian Basin continues to experience difficulties producing oil, becoming increasingly gassy as drilling slows down. This undercuts profits for producers at a time when investors are demanding better…
1) A federal judge has ruled that investors may sue five big banks for conspiring to rig prices on bonds worth hundreds of billions of dollars issued by Fannie Mae…
By: Economic & Finance Report Black Rhino (Blackstone’s Africa equity unit) has hired Mr. Lamido Sanusi, Emir of Kano and former Nigeria Central Bank Governor. Blackstone is working with Aliko…
Oil plunges 3 percent to new five-year lows after bearish IEA outlook A customer uses a petrol nozzle to fill up his tank in a gas station at a supermarket…