Crude Oil Price Looks To Part Ways With Gold As Dollar Demand Remains Strong Post-FOMC – DailyFX


DailyFX
Crude Oil Price Looks To Part Ways With Gold As Dollar Demand Remains Strong Post-FOMC
DailyFX
Rising concern of over-supply in Oil is likely to weigh on economic cycle-sensitive crude oil prices. Meanwhile, gold prices are moving higher after the Federal Reserve talked up the economy more than future interest rates. Gold’s ~26% rise YTD looks …

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Whiting Petroleum (WLL) Stock Down on Q2 Loss, Oil Price Decline – TheStreet.com


Post Registrar
Whiting Petroleum (WLL) Stock Down on Q2 Loss, Oil Price Decline
TheStreet.com
Additionally, oil prices are falling to three-month lows today, negatively impacting the stock. Crude oil (WTI) is down 1.74% to $41.19 per barrel and Brent crude is falling 1.79% to $42.69 per barrel. Oil prices have been falling lately due to
Whiting Petroleum quarterly loss increases on weak oil priceThe Dickinson Press

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Stocks struggle in face of oil price slide – FT.com – Financial Times


Financial Times
Stocks struggle in face of oil price slide – FT.com
Financial Times
Thursday 21:00 BST. Global equities struggled for traction as participants digested a welter of corporate earnings reports and watched with trepidation as oil …
World Bank Lifts 2016 Crude Price Forecast But Glut ContinuesOilPrice.com
World Bank raises oil price forecast but it’s not all good newsCNBC
World Bank Raises 2016 Oil Price ForecastWorld Bank Group
Bangkok Post –MarketWatch –Proactive Investors Australia
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Recovery some way off for offshore oilfield service sector, report claims – Offshore Oil and Gas Magazine

Recovery some way off for offshore oilfield service sector, report claims
Offshore Oil and Gas Magazine
Douglas-Westwood foresees expenditure in the offshore oilfield service sector averaging $48.6 billion/yr over 2016-2020, 25% down on 2014’s total of $65.3 …
Global Oilfield Services – Offshore Spending Stuck in the DoldrumsHellenic Shipping News Worldwide

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The Oil-Price Recovery Is Drowning in Gasoline – Wall Street Journal


Wall Street Journal
The OilPrice Recovery Is Drowning in Gasoline
Wall Street Journal
Just when it appeared crude oil’s supply problems were easing, a glut of gasoline is drowning the market’s hopes for a recovery. Vast new supplies of gasoline around the world, combined with the overproduction of oil, has sent crude prices sliding.
Crude Rally Unwinds Completely – Expect $40 OilOilPrice.com
WTI Crude Oil Price Rebounds as FOMC Keeps Rates FlatDailyFX
Oil price hits freefall as US glut takes market by surpriseTelegraph.co.uk
24/7 Wall St. –The Week UK –CNBC
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Oil Industry About To Be Burned Again By Fall In Oil Prices – OilPrice.com


WWL First News
Oil Industry About To Be Burned Again By Fall In Oil Prices
OilPrice.com
U.S. rig counts have surged as oil prices sink. Capital is driving the oil markets and it enables bad behavior by producers. That is why oil prices will stay low. The oilprice rally that began in February is over. Prices rose from $26 per barrel to
Oil prices drop to three month lowWWL First News

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World Bank Lifts 2016 Crude Price Forecast But Glut Continues – OilPrice.com


CNBC
World Bank Lifts 2016 Crude Price Forecast But Glut Continues
OilPrice.com
Following robust demand for crude and disruptions to supply in the second quarter, the World Bank raised on Tuesday its 2016 forecast for crude oil prices to US$43 per barrel from US$41 per barrel, but warned oversupply would take some time to diminish.
World Bank raises oil price forecast but it’s not all good newsCNBC
World Bank Raises 2016 Oil Price ForecastWorld Bank Group
World Bank revises up oil price forecastBangkok Post
Proactive Investors Australia –MarketWatch –Hellenic Shipping News Worldwide
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Texas economist warns against exuberance – UPI.com


UPI.com
Texas economist warns against exuberance
UPI.com
Karr Ingham, an economist who created a metric gauging the health of the Texas energy sector, said state oil production is lagging behind trends in crude oil prices. Last year, as crude oil prices plummeted, crude oil output in Texas increased 11.5
Texas oil job cuts eased in June, economist saysFuelFix (blog)
Analysis: Tough times not over in state’s oil industryBrenham Banner Press (subscription)

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World Bank ups 2016 oil price forecast but oversupply still persists – CNBC


CNBC
World Bank ups 2016 oil price forecast but oversupply still persists
CNBC
The World Bank’s issued its latest set of forecasts for crude oilprices but interpreting the numbers may depend on your disposition. The good news: The World …
World Bank Raises 2016 Oil Price ForecastWorld Bank Group
Why you can thank low oil prices for cheaper foodMarketWatch
World Bank raises 2016 oil price forecast on supply outages, robust …Reuters

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Texas oil sector may still be facing headwinds – UPI.com – UPI.com


UPI.com
Texas oil sector may still be facing headwinds – UPI.com
UPI.com
Moderation in crude oil prices during the second quarter of the year shouldn’t translate to an overwhelming sense of optimism, a Texas economist said.
Texas oil job cuts eased in June, economist says | Fuel FixFuelFix (blog)
Analysis: Tough times not over in state’s oil industry – Brenham …Brenham Banner Press (subscription)

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Mid-Afternoon Market Update: Crude Oil Drops Below $43; Linear Technology Shares Spike Higher – Nasdaq

Mid-Afternoon Market Update: Crude Oil Drops Below $43; Linear Technology Shares Spike Higher
Nasdaq
Shares of EXACT Sciences Corporation (NASDAQ: EXAS ) got a boost, shooting up 31 percent to $16.29 after the company announced upbeat Q2 results. Linear Technology Corporation (NASDAQ: LLTC ) shares were also up, gaining 29 percent to $62.51.
Oil’s Slide Keeps a Lid on the MarketInvestorplace.com

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Oilfield Services Company Sued by EEOC for Disability Discrimination – Insurance Journal


KATC Lafayette News
Oilfield Services Company Sued by EEOC for Disability Discrimination
Insurance Journal
Federal officials have sued an oilfield services company for withdrawing a job offer to an applicant because of his diabetes. U.S. Equal Employment Opportunity Commission charged in a lawsuit that Oilfield Instrumentation USA Inc. violated federal law
EEOC sues oilfield companyKATC Lafayette News
Broussard Company cited by Equal Employment Opportunity Commission for hiring practicesThe Advocate

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