NuStar reports $11 million loss
Hedging losses and canceled capital projects led to a fourth-quarter loss for San Antonio-based pipeline company NuStar Energy LP.
View ArticleNorth American oil spending to plunge $58 billion, Barclays says
North American oil producers and oil field service firms are expected to cut deep into the U.S. shale boom.
View ArticleU.S. drillers lock in higher oil prices in surge of hedging
Oil prices have recently edged below $50 a barrel, but several U.S. drillers have already locked in higher prices for the barrels they sell this year, a new report says. After OPEC announced it would...
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