feed: Energy Stories
The recent uptick in oil prices is not likely to persuade OPEC to end production cuts this summer, according to one oil analyst.
Being jailed during the Obama administration is "probably a badge of honor," Don Blankenship says.
Oil prices fell about 1 percent on Friday as a bounce-back in U.S. output outweighed ongoing declines in crude stocks.
Houston-based Petroleum Products & Services, Inc d/b/a Wellhead Distributors International (WDi) has emerged from Chapter 11 Bankruptcy with a Plan of Reorganization unanimously supported by all creditors and litigants. Presiding Judge Isgur agreed with the supporters of the plan citing “insurmountable evidence in support of the WDi plan,” approving it immediately. According to Alex Kiss, […]