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Deep Dive: 10 oil companies that will thrive as crude prices rebound

2016-01-22 15:45:46| Energy - Topix.net

Because it has low debt, National Oilwell Varco will reap the benefits of rising oil prices more than its competitors will. If you ignore the daily headlines about the beleaguered energy sector, invest in companies with low debt and wait for the inevitable rebound in oil prices, you could eventually make a lot of money.

Tags: prices companies deep oil

 

Crude prices edge down due to oversupply concerns

2016-01-20 01:00:00| Offshore Technology

Crude prices have dropped further due to growing oversupply concerns, with US oil prices falling by more than 3% to $27 a barrel.

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The North Dakota crude oil that's worth less than nothing

2016-01-19 01:33:13| Energy - Topix.net

Oil is so plentiful and cheap in the U.S. that at least one buyer says it would need to be paid to take a certain type of low-quality crude. Flint Hills Resources LLC, the refining arm of billionaire brothers Charles and David Koch's industrial empire, said it would pay -$0.50 a barrel Friday for North Dakota Sour, a high- sulfur grade of crude, according to a list price posted on its website.

Tags: north nothing worth oil

 

The North Dakota crude oil that's worth less than nothing

2016-01-19 01:07:56| Oil & Gas - Topix.net

Oil is so plentiful and cheap in the U.S. that at least one buyer says it would need to be paid to take a certain type of low-quality crude. Flint Hills Resources LLC, the refining arm of billionaire brothers Charles and David Koch's industrial empire, said it would pay -$0.50 a barrel Friday for North Dakota Sour, a high- sulfur grade of crude, according to a list price posted on its website.

Tags: north nothing worth oil

 

Mid-Afternoon Market Update: Crude Oil Down Over 5%; Sarepta...

2016-01-16 21:53:35| Grocery - Topix.net

Toward the end of trading Friday, the Dow traded down 2.19 percent to 16,019.72 while the NASDAQ dipped 2.56 percent to 4,496.66. The S&P also fell, dropping 1.99 percent to 1,883.57.

Tags: market update oil crude

 

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