Silver as an investment

Category Archives: ConocoPhillips

THE BLOOD BATH CONTINUES IN THE U.S. MAJOR OIL INDUSTRY

By the SRSrocco Report, The carnage continues in the U.S. major oil industry as they sink further and further in the RED.  The top three U.S. oil companies, whose profits were once the envy of the energy sector, are now forced to borrow money to pay dividends or capital expenditures.  The financial situation at ExxonMobil, […]

THE BLOOD BATH CONTINUES IN THE U.S. MAJOR OIL INDUSTRY

By the SRSrocco Report, The carnage continues in the U.S. major oil industry as they sink further and further in the RED.  The top three U.S. oil companies, whose profits were once the envy of the energy sector, are now forced to borrow money to pay dividends or capital expenditures.  The financial situation at ExxonMobil, […]

ConocoPhillips Cuts Capex Amid Intractable Oil Rout

zerohedge.com / by Tyler Durden / 12/10/2015 08:56 It’s a bad time to be in the commodities business. Crude is in a veritable tailspin as an increasingly disjointed OPEC ramps production to three-year highs… …and the thanks to a worldwide deflationary supply glut, the Bloomberg commodities index is sitting near its lowest levels of the 21st century portending […]