There's a mood of consolidation in the air in the US oil industry - earlier this month Exxon Mobil, the largest American oil-producer, bought oil-explorer Pioneer Natural Resources for $59.5bn. Now Chevron has announced its buying its main rival Hess for $53bn.
The oil industry last went through an era of major consolidation in the late 1990s, following a ... Show More
Jul 10
Trump plans to hit Brazil with 50% tariffs
The US president, Donald Trump, has made public the tariffs he intends to slap on imports from another group of countries, including Brazil, from the start of August. The chipmaker Nvidia has become the first company in the world to reach a market value of $4tn on Wednesday. Davi ... Show More
48m 41s
Sep 2022
Martijn Rats: Will Oil Prices Continue to Fall?
While the global oil market has seen a decrease in demand, supply issues are still prevalent, leaving investors to question where oil prices are headed next.
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Welcome to Thoughts on the Market. I'm Martijn Rats, Morgan Stanley's Global Commodity Strategist. ... Show More
3m 47s
Feb 2024
How Surging US Oil Output Is Being Moved and Stored
US oil production has surged to an all-time record of more than 13 million barrels produced per day. But where's all that crude actually going? And how is it being handled and stored? On this episode, we speak with Steven Barsamian, chief operating officer at the Tank Tiger, a cl ... Show More
41m 34s