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Post Tagged with: "slowdown"

Oil Rises as U.S. Crude Stocks Fall Again, Fed Cuts Interest Rates

Oil Rises as U.S. Crude Stocks Fall Again, Fed Cuts Interest Rates

From Reuters

Oil prices rose for a fifth day on Wednesday following a larger-than-expected drop in U.S. inventories and after the Federal Reserve cut U.S. interest rates for the first time in more than a decade.

The front-month Brent crude …

July 31, 2019 - 6:01 am — Analytics, Closing Bell Story‎, Commodity Pricing, Crude Oil News, Economy, Energy News, Finance
Halliburton Cuts 8% of North American Jobs in Frack Slowdown

Halliburton Cuts 8% of North American Jobs in Frack Slowdown

From Bloomberg

Company executing new ‘playbook’ to deal with customer changes, shale producers are trimming spending amid investor pressure

Halliburton Co. is shifting strategy in its largest region to deal with subdued customer spending by trimming 8% of its North …

July 22, 2019 - 7:00 am — Closing Bell Story‎, Crude Oil News, Energy News, Fracing, Natural Gas News, Oilfield Services
Early Sign of an Industrial Slowdown?

Early Sign of an Industrial Slowdown?

Slowdown or speedbump?

From FreightWaves

Flatbed capacity appears to have increased rapidly over the past month according to the flatbed tender rejection index for the U.S.

Since September 17th the FTRI.USA has dropped 48% or 848 bps from 17.74% to …

October 22, 2018 - 10:43 am — Closing Bell Story‎, Energy News, Jobs