How can one of the most lucrative investment opportunities in decades stare investors in the face and yet month after month energy stocks have continued to languish while the market’s focus stubbornly remains on other areas like bitcoin, marijuana stocks, and the general tech space leading...
There has been a sharp rise in industry confidence in 2018, according to a new study by DNV GL, a technical advisor to the oil and gas sector. DNV GL’s latest industry outlook report, which surveyed 813 senior industry professionals and executives globally, found that 63...
In West Texas, rising oil prices are fueling a sharp economic upswing, lifting employment and pay to records, driving up spending at hotels, restaurants, and car dealerships, and raising the cost of housing and other essentials. This parched patch of land, under which lies the largest...
Put on your rally caps and get ready to get back to work, oil workers, because we finally have some good news: 2017 will be your year. Investment bank Goldman Sachs believes the U.S. oil industry is about to make a huge comeback…to the tune of...