feed: Energy Stories
Brent crude oil futures climbed to as high as $75.20 a barrel in early trading on Tuesday, the highest since Nov 2014.
This is not an erratic breakout trend driven by reactions to global risk factors. This is a sustainable breakout.
Two Chevron employees detained in Venezuela last week could be charged with treason.
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, […]