Friday, September 12, 2025

Bank of America Sees Oil Gains in 2019, but That Forecast is Far from Universal

From CNBC A year ahead outlook report from Bank of America Merrill Lynch expects Brent crude to regain its recent losses in 2019 and settle at $70 a barrel. But amid mounting global uncertainty on everything from trade and monetary policy to politics, that forecast is far from consensus. After a dramatic summit of OPEC and non-OPEC members over the

Texas Has Recovered Half of Oil and Gas Jobs Lost to Downturn

From Houston Chronicle Oil and gas companies in Texas added 2,400 exploration and production jobs in October, marking 23 consecutive months of job growth, according to the Texas Oil & Gas Association. The association, citing data from the Texas Workforce Commission, reported on Tuesday that Texas has recovered 49 percent of the jobs it lost between peak employment in December

Corpus Christi, San Patricio County Join Opposition Against Trafigura Terminal

From Caller Times Local opposition is continuing to grow against a proposed offshore terminal that could be located near the Padre Island National Seashore, with several governmental entities asking Gov. Greg Abbott to put a stop to it. One week after Nueces County commissioners sent a letter to the Texas General Land Office and Abbott expressing “deep concerns” about the terminal