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Tag Archives: Oil Prices

Global stocks slide amid concerns about world economy

MANILA, Philippines (AP) — Global stocks fell on Thursday as investors worried about the health of the global economy given the Federal Reserve’s cautious stance about raising its interest rates. Financial markets were closed for holidays in China, Hong Kong and Taiwan. KEEPING SCORE: In Europe, Britain’s FTSE 100 slid 0.9 percent at 6,248 and Germany’s DAX fell 1.2 percent ...

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Oil slump brings bargains, buyers to Bakken assets

As the oil price slump continues, investors are hunting for bargains on the hope they will eventually profit from the nation’s second largest oil play, reports the Wall Street Journal (WSJ). According to state data, hundreds of wells have been bought and sold in recent months. Those placing bets on long term profitability in the Bakken range from major O&G ...

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Top Bakken news stories – May 28 – June 3

Catch up on the news you missed last week with our weekly recap. Below are the top five articles that our readers found most engaging. Enjoy! 5. Interest in solar power soaring while utility seeks rate cut GREAT FALLS, Mont. (AP) — Interest in solar power is soaring in Montana because of the state’s sunny skies and profit potential. But NorthWestern Energy, ...

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Top Eagle Ford news stories: May 27 – June 3

Eagle Ford news

Review the top Eagle Ford news stories, all in one place. Headlines this past week included details on the highest-paid CEOs in each state, OPEC’s inability to show resolve, and a new way to study energy production. 5. The highest-paid CEOs by state Here are the top-paid CEOs by state for 2015, as calculated by The Associated Press and Equilar, ...

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OPEC states fail to reach deal on production

VIENNA (AP) — OPEC countries failed Thursday to agree on measures to influence crude supplies and prices, in a missed opportunity to show the resolve that for decades let them set how much consumers and industries worldwide would pay for gasoline, heating and related necessities. At the same time, OPEC officials argued the cartel was alive and well, scoffing at ...

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