Author: OilPrice

Oil Supply Glut

Why China Is Really Dictating the Oil Supply Glut

Why China Is Really Dictating the Oil Supply Glut Ship tracking data from Bloomberg shows that 83 supertankers carrying around 166 million barrels of oil are headed to China, which has stockpiled an impressive 787,000 barrels a day in the […]

DOJ Files Lawsuit Against Halliburton-Baker Hughes Merger

DOJ Files Lawsuit Against Halliburton-Baker Hughes Merger

DOJ Files Lawsuit Against Halliburton-Baker Hughes Merger by Charles Kennedy, OilPrice.com The U.S. Justice Department is seeking to block the merger of Baker Hughes and Halliburton, preventing the tie-up of the second and third largest oilfield services companies. DOJ filed […]