Saturday, May 17, 2025
Oil & Gas 360

Moody’s Calls for Oil Prices to “Eventually Rebound”

Revises Price Assumptions Down in the Interim A Moody’s Investors Service report out today has lowered pricing assumptions for Brent and WTI and examines how a sustained period of lower oil prices would affect certain industries in producing and non-producing countries. Moody’s revised its crude oil spot pricing assumptions as follows: The report sums up the situation as follows: “Ongoing

Halliburton + Baker Hughes Merger Hits Skids

United States, Australia U.S. Department of Justice Still Not Satisfied with Terms Industry enthusiasts waiting for approval of the impending merger between Halliburton (ticker: HAL) and Baker Hughes (ticker: BHI) will have to wait a little longer. For the third time, the United States Department of Justice (DOJ) halted approval of the highly publicized merger between two of the world’s

Energy Market Upside: Cimarex continues to push the limits in low price environment

Cimarex Balances Innovation and Efficiency Cimarex (ticker: XEC) continues to look for the best long-cycle returns on their drilling, and the company appears to have found it in its long-length laterals. The company is increasingly looking to improve the efficiency of its two-mile laterals, reporting that its first lateral of this length in the Meramec in Oklahoma is showing a