Just when BP finally seems to have got a handle on the Macondo well with the successful containment cap, multiple explosions and oil spill are taking place–halfway around the globe...
We are downgrading offshore driller Transocean Inc. (NYSE:RIG) shares to Underperform from Neutral, due to the potential fallout from the Gulf of Mexico (“GoM”) oil spill. As a reminder...
From Matt Ridley’s article “Down with Doom: How the World Keeps Defying the Predictions of Pessimists”: “When I was a student, in the 1970s, the world was coming to an end. The...
Risk appetite is making a return to the forex market today as the Australian dollar leads risk currencies higher in trading. The Asian session saw an explosion of risk, while things grew a li...
Second military site explosion in four in Russia kills one....
Houston Chronicle — “Three days after the explosion of the Deepwater Horizon in the Gulf of Mexico, the Dutch government offered to help. It was willing to provide ships outfitted with oil...
Morning Highlights There Are No Quick Picks For Today Overnight, the U.S saw a rally led by energy producers which surged the most in 14 months. BP’s U.S. shares gained 12% last night after plunging...
A portion of a 36-inch natural gas pipeline in north Texas, belonging to Enterprise Products Partners LP (NYSE:EPD), was shut down after it exploded on Monday. Electrical personnel were trying to fix ...
Morning Highlights There Are No Quick Picks For Today Overnight, the U.S saw a rally led by producers which surged the mos...
Schlumberger Ltd. (NYSE:SLB) - Shares of the oil services company are down 6.15% to $52.70 in the first half of the trading day perhaps following ...