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Wednesday, September 30, 2020
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Bloomberg Javier Blas

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Leaner, fitter, faster: U.S. shale 2.0 challenges OPEC again

When the who's who of the oil industry met a year ago in Houston, Saudi Arabia's energy minister had harsh words for U.S. shale...

Even if OPEC gets deal, it risks reviving battered oil rival

Before a crucial meeting, OPEC's deal to curb oil production and end years of global oversupply hangs in the balance. But even if ministers...

Biggest oil traders see another year of pain as glut endures

The largest oil traders are anticipating little relief to what has become the worst market slump in a generation.All but one of 15 senior...

Oil majors lost one engine; now the second one is sputtering

If Big Oil was a two-engine airplane, you could say it's been flying on a single engine since energy prices crashed in 2014. Now,...

Oil trader Trafigura profits from growing U.S. crude exports from Texas, Oklahoma

Over nearly 45 years, the oil tanks at Milford Haven on Britain's west coast have stored dozens of crude varieties: from North Sea Brent...

The unloved business that’s saved big oil from low energy prices

Big Oil is suddenly Big Chemical.For years, the business of turning gas and crude into the chemicals used to make everything from plastic bags...

For Exxon and Shell, age of ultramajors comes at the wrong time

This may not be the best time to be bigger than big.The $64 billion tie-up of Royal Dutch Shell with BG Group and the...

Irving-based shale producer gets Wall Street help in re-arming for OPEC war

The shale industry is getting Wall Street's help in re-arming for its oil-market war against OPEC, offering one more reason to be bearish on...

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