feed: Energy Stories
Brent crude prices rose from a three-month low after more oil workers went on strike in Norway, supporting a market that has been dominated by oversupply issues in recent days.
The pullback in oil prices takes place within the environment of a well-established uptrend, writes Daryl Guppy.
Jim Cramer explains that even though the price of oil is dropping, now could be the time to buy shares of oil companies.
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, […]