Oil prices are dragging down the market this morning as we got news that China is ramping up exports of refined products and the U.S. rig count increased again. But lately, I've been hearing a
Russian Energy Minister Alexander Novak said that the process of restoring the balance between demand and supply on the oil market has begun.
Judging by the over half-million Google search results garnered by it, it’s no doubt that cannabis oil has become a popular topic as of late — especially as a potentially miraculous treatment for any number of devastating conditions like cancer. But what exactly is cannabis oil and are the claims...
By David Yong and Andrea Tan (Bloomberg) — Singapore’s offshore oil services companies and marine engineering firms are leaving it too late to reorganize finances to survive an industry slump, raising the risk of steep losses on their bonds, a debt restructuring consultancy said. Show More Summary
The red flag got to stretch its wings two times at Watkins Glen for the Cheez-It 355 as oil dumped itself on the track early and late in the race. As is often the case, you patiently endure most of the race for thrilling finishes, and...Show More Summary
After several months of aggressive selling of stocks in late 2015 and early 2016, the culprit for the indiscriminate liquidation and concurrent market swoon was revealed when it emerged that the seller was not only China (which was forced...Show More Summary
HAMBURG (Reuters) - Persistent rain at harvest time is set to cause a late reduction in the European Union's crop of rapeseed, its main oilseed for edible oil and biodiesel production, experts said on Friday.
Ready to Sail 12x9 oil by Michael Chesley JohnsonAvailable Paint, or feed the hungry?Paint, or clothe the poor?Paint, or shelter the homeless?Paint, or nurse the sick?Paint, or fight a war? Lately, I've been asking myself, how can IShow More Summary
Kanye West is releasing a limited run of the YEEZY Season 2 Military Crepe boots in a new “Oil” colorway. The release is seemingly timed to match the change in weather as we approach late summer and begin to think about our FW17 wardrobes. The high-top silhouette is rendered in a tonal “Oil” colorway, but you needn’t […]
The Houston job forecast has been grim as of late, and unfortunately for some industries, the bad news only gets worse. Shell recently announced that it would cut 190 jobs from its Gulf of Mexico deepwater operations in order to remain...Show More Summary
A sprawling Hollywood Hills villa where the late Andrew R. Getty, an heir to the Getty oil fortune, made his home for nearly two decades has sold for $6.1 million. Sitting on a hilltop overlooking the San Fernando Valley, the classic Spanish Revival estate is firmly rooted in Old Hollywood history....
Brent crude ICE futures fell from over $47.80 per barrel to $46.19 per barrel in late afternoon trading before recovering slightly to around $41.30 per barrel.
The Obama administration has made it harder to drill for oil in the Arctic Ocean – not that many companies are trying to do so these days. After years of revision, the administration announced final rules late last week that require companies working in the offshore Arctic to put in place new safety...
While crude oil price movements have been a sensitive leading indicator to economic conditions and financial markets since late 2014, the British Pound collapse has now become a leading indicator for many commodities since the June 23rd UK referendum...
Norwegian oil-well service workers and their employers signed a new wage deal late on Thursday, avoiding a strike, said the Norwegian Oil and Gas Association (NOG), which represents employers.
Daniel Richter's "a big mistake, too late," 2016, oil on canvas. It's one of three more abstract works that don't depict human bodies. (Daniel Richter / Regen Projects, Los Angeles) Porn and painting make for strange bedfellows. But the two come together to romp, often recklessly, in Daniel Richter's...
Norway remains one of the biggest contributors to the Clinton Foundation, a charitable organization established and run by the Clintons. Of late, pressure has been rising at home to end Oslo's support for the foundation for ethical reasons, as it clearly may influence the outcome of the president election.
Saudi Arabia is talking the oil market up lately. That's a big change from a few months when it was talking the market down. In fact, Saudi Arabia has been doing much more than talking the oil market up -- it has been hiking oil prices. It was back in February when [...]
Oil pundits have been hailing the emergence of an oil balance, and to be sure, one is quickly taking shape. The problem is that most of those now bandying about the term are still getting it wrong, despite being late to the party. The post What the Latest Oil Balance “Mantra” Is Really About was originally published at The Wall Street Examiner. Follow the money!
Welcome welcome, friends and frenemies. It’s time for your weekly tales of flim-flammery and fakery, the Snake Oil Bulletin. We’ve had our fair share of idjit anti-vaxxers lately, so who are we to spoil a winning streak like that? Let’s take a stroll through our archives of truly horrible anti-vaccine bullshit and marvel at the