WTI Soars As U.S. Oil Rigs See Biggest Decline Of The Year

Baker Hughes has reported that the number of oil and gas rigs in the United States fell for yet another week, this time dipping 11 rigs—most of which was a loss to the number of oil rigs—the largest decline in the number of oil rigs this year. WTI and …

PDVSA Not Out Of The Woods Just Yet

Yet another of PDVSA’s bond is due on Thursday—this time in the amount of $1.169 billion. The bond is coming due just after another critical bond payment was received in the nick of time on Wednesday which was due last Friday—a bond that had no grace p…

PDVSA Not Out Of The Woods Just Yet

Yet another of PDVSA’s bond is due on Thursday—this time in the amount of $1.169 billion. The bond is coming due just after another critical bond payment was received in the nick of time on Wednesday which was due last Friday—a bond that had no grace p…

Huge Crude Draw Pushes Oil Prices Even Higher

The American Petroleum Institute (API) reported a huge draw of 5.087 million barrels in United States crude oil inventories, largely in line with an S&P Platts’ survey of analysts that expected inventories would draw down by 1.4 million barrels for the…

Huge Crude Draw Pushes Oil Prices Even Higher

The American Petroleum Institute (API) reported a huge draw of 5.087 million barrels in United States crude oil inventories, largely in line with an S&P Platts’ survey of analysts that expected inventories would draw down by 1.4 million barrels for the…

Huge Crude Draw Pushes Oil Prices Even Higher

The American Petroleum Institute (API) reported a huge draw of 5.087 million barrels in United States crude oil inventories, largely in line with an S&P Platts’ survey of analysts that expected inventories would draw down by 1.4 million barrels for the…

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Why Millennials Can’t Bank On Clean Energy Jobs

According to the Bureau of Labor Statistics, the job expected to see the most growth in terms of hiring over the next nine years is an energy-related job: solar photovoltaic installer—but Millennials beware—the term “top growing” is a bit misleading. T…

Why Millennials Can’t Bank On Clean Energy Jobs

According to the Bureau of Labor Statistics, the job expected to see the most growth in terms of hiring over the next nine years is an energy-related job: solar photovoltaic installer—but Millennials beware—the term “top growing” is a bit misleading. T…