More Posts on Oil
Oil Traders Prepare to Bid Fond Farewell to Yahoo Messenger
As commodity markets continued dealing on Friday, traders were lamenting the imminent demise of the version of Yahoo Messenger that has been their main communication tool since the late 1990s.
U.S. Jobless Claims Rise, and Planned Layoffs Surge
Most of the announced job cuts were concentrated in the energy sector, which is reeling from low oil prices that have hurt profits.
Co-founder of Chesapeake Energy Corp. Dies in Car Accident
Aubrey McClendon died one day after the U.S. Department of Justice indicted him for allegedly violating antitrust laws by colluding to rig bids for oil and gas acreage.
Houston Energy Company Gives $100,000 Bonuses to Each of Its 1,381 Employees
As the company aims to double in size every five years, it offers team members increasingly lofty incentives.
Oil Prices Drop, Chevron Slashes 2016 Budget in Response
Cutting the budget by 25 percent will mean laying off 7,000 employees.
The Other Products Falling Oil Prices Are Making Cheaper
Paying under $2 a gallon for gas? Ka-ching! But gasoline is not the only product that gets less expensive when the price of crude oil falls.
Despite Big Fuel Savings, Airlines Don't Expect Lower Fares
Carriers in the U.S. said they will save millions of dollars in fuel costs, but won't be passing that savings along to passengers.
Franchise Players: How This Franchisee Runs 200 Oil Change Shops
Don Smith owns Valvoline franchises from coast to coast, with locations in 12 states with more than 1,000 employees.
The Priciest Rents in the U.S. Are Somewhere You've Probably Never Heard Of
A recent study revealed that a small, oil boom town in North Dakota fetches rents that are, on average, $2,400 for a one-bedroom apartment.