Skip to main content

Blog

Crude Oil Price Volatility Continues

Oil markets are entering an unprecedented period of uncertainty due to geopolitical instability and a fragile global economy, the head of the International Energy Agency (“IEA”) said on Tuesday. The IEA was founded in 1974 to help countries co-ordinate a collective response to major disruptions in the supply of oil. The IEA examines energy issues […]

Read More

Recent Fall in Oil Prices May Preview an Energy Bear Market

With the recent plummeting of oil prices, the $64,000 question is asked again-is it a greater supply or a weakening of demand that has caused lower oil prices. As always, there are views to support both sides and most likely is a combination of an increase in supply and a diminish of demand. There are […]

Read More

Wave of US oil bond defaults to come

Energy XXI Ltd. and SandRidge Energy Inc., oil and gas drillers with a combined $7.6 billion of debt, didn’t pay interest on their bonds last week. They have until the middle of next month to either pay the interest, work out a deal with their creditors or face a default that could tip them into […]

Read More

SEC Charges Oil and Gas Company and Founder with Fraud

The Securities and Exchange Commission charged Nathan Halsey and TexStar Oil, Ltd. in the United States District Court for the Northern District of Texas, with fraudulently offering securities through misleading investment materials and keeping funds from investors who believed they were investing in an entirely separate company. The SEC’s complaint, filed in the U.S. District […]

Read More