Global markets have been on shaky ground for the past several months, but since the end of last week, flashbacks to 2008 have become more frequent. The Dow Jones Industrials fell 560 points on Friday, marking one of the worst […]
Tag: Oil Collapse
Shares of Exxon Mobil are moderately higher by 1.40% in premarket trading Thursday, after the oil giant reported first quarter earnings. Exxon reported earnings per share of $1.17 on revenue of $67.62 billion. Analysts polled were looking for earnings per […]
Lesson Of The Oil Prices Collapse? Do Your Own Credit Homework by Jeff Skoglund, AllianceBernstein The plunge in oil prices has hurt many highly-leveraged energy companies and their creditors. But it also reinforced an important lesson that investors and asset managers […]
Oil prices may be up 2.28% today to $46.18, but bearish factors remain. Oil is currently down -13.50% year to date and down -51.90% in the past year, marking the worst performing commodity during those time periods. The supply and […]
John Authers talks to the FT’s Gregory Meyer and Stephen Foley about winners and losers from gyrations in the energy markets, and who is betting on $35 oil. Which Hedge Funds Were The Big Winners And Losers From Oil Collapse?