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Halliburton vows more cost cuts as shale demand dwindles, shares rise
Halliburton Co on Monday promised more cost cuts after reporting a bigger-than-expected drop in quarterly revenue as the oilfield services looks to counter weak demand from North American shale producers, sending its shares up about 7%......»»
Oil steady as U.S resumes Gulf of Mexico output amid signs of further supply
Oil prices were steady on Tuesday after falling in the previous session as output in the U.S. Gulf of Mexico resumed after Hurricane Barry swept through over the weekend and as U.S. shale production is expected to rise to a record......»»
Oil prices rise after Saudi output dips, U.S. drilling stalls
Oil prices rose on Monday after Saudi crude production registered a surprising dip in July and as American shale drilling appeared to plateau......»»
United States Oil (USO) from shale basins to rise to 8.179 mln bpd in Feb
United States Oil (USO) from shale basins to rise to 8.179 mln bpd in Feb U.S. oil output from seven major shale formations is expected to rise by 63,000 barrels per day (bpd) in Februa.....»»
U.S. shale oil output to hit record 8.4 million bpd in March: EIA
U.S. oil output from seven major shale formations is expected to rise 84,000 barrels per day (bpd) in March to a record of about 8.4 million bpd, the U.S. Energy Information Administration said in a monthly report on Tuesday......»»
12 Rules to Always Follow When Ordering Groceries to Be Delivered
Even before the pandemic, 48% of American food shoppers were already buying at least a portion of their groceries online, with that number expected to rise to 59% in 2019 and to as much as 70% by........»»
China new energy car output, sales rise in February
China-based makers produced 124,000 new energy vehicles and sold 110,000 units in February 2021, soaring 7.2 times and 5.8 times respectively on year, according to China Association of Automobile Manufacturers (CAAM)......»»
US Industrial Production Unexpectedly Plunged In February, Auto Manufacturing Crashed
US Industrial Production Unexpectedly Plunged In February, Auto Manufacturing Crashed US Industrial Production was expected to rise (+0.3% MoM) for the 9th month of the last 10 in February (the l.....»»
Commodities Corner: Why food costs aren’t done climbing yet
More American consumers ate at home last year because of the pandemic, contributing to the largest yearly rise in food-at-home prices in nine years. Food costs are expected to increase further in 2021......»»
Futures Movers: Oil prices push to 1-year high ahead of OPEC+ meetings
Oil future rise Tuesday, chugging higher ahead of this week's meetings of major producers that aren't expected to result in any major changes in output levels......»»
Futures Movers: Oil posts a third straight gain as U.S. crude supply drop, Saudi output cut provide tailwind
Oil futures rise Thursday to post a third straight gain, buoyed byrecent data showed a larger-than-expected weekly drop in U.S. crude inventories......»»
The oil bankruptcies are just beginning
The oil crash is blocking American frackers from accessing the cheap credit that fueled their prolific rise. That reversal of fortunes could prove fatal for overleveraged shale oil companies......»»
The oil bankruptcies are just beginning
The oil crash is blocking American frackers from accessing the cheap credit that fueled their prolific rise. That reversal of fortunes could prove fatal for overleveraged shale oil companies......»»
Futures Movers: Oil prices rebound from 21-year low; gasoline futures rally on smaller U.S. stock climb
Oil ends sharply higher on Wednesday as a rise in U.S.-Iran tensions and declines in U.S. crude output prompt a rebound from a 21-year low, and as a smaller-than-expected weekly climb in U.S. gasoline stockpiles lifts futures prices for the fuel......»»
U.S. shale company Whiting becomes first major bankruptcy of oil-price crash
Whiting Petroleum Corp filed for Chapter 11 bankruptcy, the U.S. shale producer said on Wednesday, the first publicly traded casualty of crashing crude oil prices that are expected to bite into record U.S. output......»»
Virus cutting panel production by 20% in February, say sources
The impacts of the coronavirus outbreak are expected to exact a toll of 20% in global flat panel output in February, with prospects to see the ratio alleviate to 5-10% in March when more workers return to work in China, according to industry sources......»»
The rise and fall of Sears
Sears was once the largest retailer in the world — but by February 2020, a mere 182 stores are expected to remain in operation......»»
The rise and fall of Sears, once the largest retailer in the world
Sears was once the largest retailer in the world — but by February 2020, a mere 182 stores are expected to remain in operation......»»
EIA forecasts U.S. shale oil output to climb by 22,000 barrels a day in February
Crude-oil production from seven major U.S. shale plays is forecast to climb by 22,000 barrels a day in February to 9.2 million barrels a day, according to a report from the Energ.....»»
Halliburton Posts 4th-Quarter Beat on Higher International Demand
Shares rise despite North American shale slumpRelated Stocks: HAL,.....»»