April 21, 2016

From Reuters: Oil prices slipped on Thursday as producers hinted at more output, while U.S. stocks had their first loss in four sessions after a mixed bag of earnings reports. The euro eased against the dollar after traders saw potential for the European Central Bank to eventually increase its stimulus measures if necessary. In his comments Thursday, ECB President Mario

From the Associated Press: Gabon’s president says his country is in discussions with OPEC about re-joining the bloc of oil-producing countries. President Ali Bongo Ondimba told The Associated Press in an interview Wednesday that he didn’t see any downside in returning to the organization that the small African nation left in 1995 amid a dispute over annual fees. Continue reading

From Houston Chronicle: Chinese companies have invested $7.4 billion in Texas over the last 15 years, much of it in Houston, according to the consulting firm Rhodium Group. The new data is reminder of the importance of global trade to Houston’s economy. Predictably, most of the Chinese investments in Texas were in the oil and gas industry, according to a