oil industry

US oil output set to break records in 2018

The EIA has ramped up its US forecasts and predicts daily domestic oil output of 9.2 million barrels for this year and 9.7 million barrels in 2018.

Oil prices forecast $50 to $70 per barrel through 2022, report says

Overall, demand is set to outpace supply on average over the forecast period.

Energy stocks propels Wall Street profits following oil price rally

Wall Street ended higher on Tuesday trading session as energy stocks rallied helped by increasing crude prices. The US crude prices reached its new height in 2016.

Tullow Oil Plc Expects a Revenue of $1.6 Bln for 2015, 28% lower than 2014

Oil explorer Tullow expects to report revenue of $1.6 billion for the year 2015. The company also anticipates its impairment charges to be $0.9 billion for the full year.

Optimistic OPEC secretary-general expects balanced oil market in 2016

The OPC secterary-general is very positive that by 2016, the oil market will regain its strength and recover from the deep plunge from the previous years. The output remains the same to control the supply and price as well. Non-OPEC countries will soon join depending on the discussion in the meeting that will be held this month in Vienna.

Chesapeake Energy Laid off workers, oil price as main reason

Chesapeake Energy joins other energy company such as Haliburton and Schlumberger by laying off workers to stay competitive as oil price getting lower. This is the latest move by the company after it had cut down on the spending and operational cost.

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Stand Out or Sit Down: Founders' Top Tips for New Entrepreneurs

In today's fast-paced startup ecosystem, understanding what makes a successful entrepreneur is gold dust. According to a recent CNBC-SurveyMonkey poll, young adults increasingly view entrepreneurship as a career path and a crucial pillar of their financial security.

BlackRock HBAR Explodes, Then Tumbles After Misfire on RWA Crypto Deal

Just when you thought the crypto rollercoaster couldn't get any wilder, HBAR, the native token of the Hedera Hashgraph blockchain, took investors on a head-spinning ride. Picture this: one moment, you're soaring high on rumors that BlackRock, the titan of asset management, is cozying up with Hedera. The next minute, you're free-falling faster than you can say "fake news."

99Bitcoins Presale Hits $600k, Signaling Massive Interest in Learn-To-Earn ($1M Next?)

With the latest Bitcoin Halving chapter coming to a close, 99Bitcoins is positioning as an altcoin trailblazer for the year ahead, introducing a ground-breaking learn-to-earn strategy through the 99Bitcoins Token (99BTC). Kicking off with a bang, the 99Bitcoins presale has already amassed more than $650k in the first few days, capturing the attention of investors keen on getting in early.

Free Crypto Riches: How to Profit from Airdrops 2024

With the colossal tidal wave of cash that hit the market during the early 2021 bull run, crypto projects have been showering their communities with tokens and even cold hard USD rewards through airdrops all the way up to today. Now, with trends like play-to-earn setting the stage, the frequency of these digital rainchecks has skyrocketed.

Food Prices Down in 2024? Time to Revise Your Grocery Budget

It looks like this year will mark the end of rising food costs globally. Oxford Economics projects that global food prices will drop in 2024, providing some respite for consumers.

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Don't Wait! Get Your 2024 Tax Refund Status in Minutes

There are a few simple methods to find out where your return is. You may use the IRS2Go mobile app or visit their "Where's my refund?" webpage.

Strategies to Beat the Heat and Keep Costs Down

As the country celebrates Earth Day, shoppers may have noticed one impact of climate change: rising temperatures are making it harder for Americans to pay their bills, and in some cases, they are even forcing families to decide between purchasing groceries and cooling their houses.

Low-Income Borrowers Face Loan Delinquency as Prices Rise

According to current data and bank executives, U.S. borrowers with lower incomes are finding it more and more difficult to make their loan payments. As a result, banks are becoming more cautious when granting credit cards and auto loans.

Another Retailer Bites the Dust: How Express's Struggles Reflect the Changing Retail World

Express Inc. has filed for Chapter 11 bankruptcy protection. Once a trailblazer in casual workplace wear, the company has struggled to compete with retailers like Zara and H&M.

Best Base Memecoins to Invest In April 2024

As we tiptoe past the Bitcoin Halving, Base Crypto is stealing the spotlight, enticing a fresh wave of enthusiasts eager to dip their toes into the cryptocurrency ocean. And guess what? It's meme o'clock over at Base, with some standout players you won't want to miss. So, buckle up; we're about to dive into the three top memecoin contenders making waves this April 2024.

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