Fadel Gheit

Latest stories

9d
First Coast News
Analysts: Global deal to cut oil production unlikelyConflicting reports last week that renewed anticipation of global oil productio
Analysts: Global deal to cut oil production unlikely
First Coast News / Posted 9 days ago
Conflicting reports last week that renewed anticipation of global oil production cuts. then quickly squelched it, left in doubt the prospects of crude prices that have plunged 70% the past 18 months and rocked the global economy. News that OPEC and... Read more
11 related stories
9d
KREM.com Spokane
Analysts: Global deal to cut oil production unlikelyConflicting reports last week that renewed anticipation of global oil productio
Analysts: Global deal to cut oil production unlikely
KREM.com Spokane / Posted 9 days ago
Conflicting reports last week that renewed anticipation of global oil production cuts. then quickly squelched it, left in doubt the prospects of crude prices that have plunged 70% the past 18 months and rocked the global economy. News that OPEC and... Read more
11 related stories
9d
WGRZ-TV Buffalo
Analysts: Global deal to cut oil production unlikelyConflicting reports last week that renewed anticipation of global oil productio
Analysts: Global deal to cut oil production unlikely
WGRZ-TV Buffalo / Posted 9 days ago
Conflicting reports last week that renewed anticipation of global oil production cuts. then quickly squelched it, left in doubt the prospects of crude prices that have plunged 70% the past 18 months and rocked the global economy. News that OPEC and... Read more
11 related stories
9d
WKYC Cleveland
Analysts: Global deal to cut oil production unlikelyConflicting reports last week that renewed anticipation of global oil productio
Analysts: Global deal to cut oil production unlikely
WKYC Cleveland / Posted 9 days ago
Conflicting reports last week that renewed anticipation of global oil production cuts. then quickly squelched it, left in doubt the prospects of crude prices that have plunged 70% the past 18 months and rocked the global economy. News that OPEC and... Read more
11 related stories
9d
WZZM 13 Grand Rapids
Analysts: Global deal to cut oil production unlikelyConflicting reports last week that renewed anticipation of global oil productio
Analysts: Global deal to cut oil production unlikely
WZZM 13 Grand Rapids / Posted 9 days ago
Conflicting reports last week that renewed anticipation of global oil production cuts. then quickly squelched it, left in doubt the prospects of crude prices that have plunged 70% the past 18 months and rocked the global economy. News that OPEC and... Read more
11 related stories
11d
San Antonio Express-News
Should Investors Really Be Concerned With Bankruptcies in the Oil and Gas Sector?Half of the current producers have no legitimate right to be in a business wher
Should Investors Really Be Concerned With Bankruptcies in the Oil and Gas Sector?
San Antonio Express-News / Posted 11 days ago
Half of the current producers have no legitimate right to be in a business where the price forecast even in a recovery is going to be between, say, $50, $60. They need $70 oil to survive. -- Fadel Gheit, senior oil and gas analyst at Oppenheimer Oil... Read more
11d
Market Watch
Chevron loss shows deeper challenge for energy cosChevron Corp. is readying a second wave of layoffs and slashing its capital spe
Chevron loss shows deeper challenge for energy cos
Market Watch / Posted 11 days ago
Chevron Corp. is readying a second wave of layoffs and slashing its capital spending by more than $9 billion this year, the company said Friday as it reported a surprise fourth-quarter loss of more than half a billion dollars. The company's first... Read more
25 related stories
21d
Daily Telegraph
US shale drillers' hallelujah chorus turns to a lonely lamentThe problem for many of the shale drillers is that the process of fracking – dr
US shale drillers' hallelujah chorus turns to a lonely lament
Daily Telegraph / Posted 21 days ago
The problem for many of the shale drillers is that the process of fracking – drilling into and breaking up shale rock to release the oil and gas – is much more expensive than extracting oil through traditional wells. When the oil price was above... Read more
23d
The Columbian
Oil keeps falling and falling; how low can it go?DALLAS — The price of oil keeps falling. And falling. And falling. It has to st
Oil keeps falling and falling; how low can it go?
The Columbian / Posted 23 days ago
DALLAS — The price of oil keeps falling. And falling. And falling. It has to stop somewhere, right? Even after trending down for a year and a half, U.S. crude has fallen another 17 percent since the start of the year and is now probing depths not... Read more
7 related stories
23d
The Monroe Evening News
How low will oil prices go?DALLAS — The price of oil keeps falling. And falling. And falling. It has to st
How low will oil prices go?
The Monroe Evening News / Posted 23 days ago
DALLAS — The price of oil keeps falling. And falling. And falling. It has to stop somewhere, right? Even after trending down for a year and a half, U.S. crude has fallen another 17 percent since the start of the year and now is probing depths not... Read more
7 related stories
25d
TheStreet.com
Which of these oil and gas companies are the next takeout targets?"Even the strongest names, with the highest multiples, are starting to see some
Which of these oil and gas companies are the next takeout targets?
TheStreet.com / Posted 25 days ago
"Even the strongest names, with the highest multiples, are starting to see some weakness," Wunderlich Securities analyst Jason Wangler wrote in a report this week titled No Fun in Energy. Oppenheimer & Co. analyst Fadel Gheit added to the malaise,... Read more
26d
Herald Sun
How long can oil prices keep falling The price of oil keeps falling. And falling. And falling. It has to stop some
How long can oil prices keep falling
Herald Sun / Posted 26 days ago
The price of oil keeps falling. And falling. And falling. It has to stop somewhere, right? Even after trending down for a year and a half, US crude has fallen another 17 per cent since the start of the year and... Read more
37 related stories
26d
The Courier Mail
How long can oil prices keep falling The price of oil keeps falling. And falling. And falling. It has to stop some
How long can oil prices keep falling
The Courier Mail / Posted 26 days ago
The price of oil keeps falling. And falling. And falling. It has to stop somewhere, right? Even after trending down for a year and a half, US crude has fallen another 17 per cent since the start of the year and... Read more
37 related stories
26d
The Globe and Mail
Downturn reaches U.S. shale industry as production scaled backThe U.S. shale oil boom that contributed to the current global glut is now in r
Downturn reaches U.S. shale industry as production scaled back
The Globe and Mail / Posted 26 days ago
The U.S. shale oil boom that contributed to the current global glut is now in rapid retreat, with the production decline expected to hit more than one million barrels a day and the industry facing widespread bankruptcies among smaller... Read more
37 related stories
27d
The Hendersonville Times-News
Oil keeps falling. And falling. How low can it go?Even after trending down for a year and a half, U.S. crude has fallen another 1
Oil keeps falling. And falling. How low can it go?
The Hendersonville Times-News / Posted 27 days ago
Even after trending down for a year and a half, U.S. crude has fallen another 17 percent since the start of the year and is now probing depths not seen since 2003. "All you can do is forecast direction, and the direction of price is still down,"... Read more
37 related stories
27d
News On 6 Tulsa
Price Of Oil Keeps Falling And FallingThe cost of crude briefly dipped below $30 a barrel Tuesday, its lowest level i
Price Of Oil Keeps Falling And Falling
News On 6 Tulsa / Posted 27 days ago
The cost of crude briefly dipped below $30 a barrel Tuesday, its lowest level in more than 12 years, before climbing back above that threshold before the close of trading. Oil, which had sold for roughly $100 a barrel for nearly four years before... Read more
107 related stories
27d
The Commercial Dispatch
Oil keeps falling. And falling. How low can it go?DALLAS -- The price of oil keeps falling. And falling. And falling. It has to s
Oil keeps falling. And falling. How low can it go?
The Commercial Dispatch / Posted 27 days ago
DALLAS -- The price of oil keeps falling. And falling. And falling. It has to stop somewhere, right? Even after trending down for a year and a half, U.S. crude has fallen another 17 percent since the start of the year and is now probing depths not... Read more
107 related stories
27d
The Daily Comet
Oil keeps falling. And falling. How low can it go?Even after trending down for a year and a half, U.S. crude has fallen another 1
Oil keeps falling. And falling. How low can it go?
The Daily Comet / Posted 27 days ago
Even after trending down for a year and a half, U.S. crude has fallen another 17 percent since the start of the year and is now probing depths not seen since 2003. "All you can do is forecast direction, and the direction of price is still down,"... Read more
37 related stories
27d
WALB Albany
Oil keeps falling. And falling. How low can it go?DALLAS (AP) - The price of oil keeps falling. And falling. And falling. It has
Oil keeps falling. And falling. How low can it go?
WALB Albany / Posted 27 days ago
DALLAS (AP) - The price of oil keeps falling. And falling. And falling. It has to stop somewhere, right? Even after trending down for a year and a half, U.S. crude has fallen another 17 percent since the start of the year and is now probing depths... Read more
37 related stories
27d
KFVS 12 Cape Girardeau
Oil keeps falling. And falling. How low can it go?DALLAS (AP) - The price of oil keeps falling. And falling. And falling. It has
Oil keeps falling. And falling. How low can it go?
KFVS 12 Cape Girardeau / Posted 27 days ago
DALLAS (AP) - The price of oil keeps falling. And falling. And falling. It has to stop somewhere, right? Even after trending down for a year and a half, U.S. crude has fallen another 17 percent since the start of the year and is now probing depths... Read more
37 related stories
27d
The Morning Call
Oil keeps falling. And falling. How low can it go?The price of oil keeps falling. And falling. And falling. It has to stop somewh
Oil keeps falling. And falling. How low can it go?
The Morning Call / Posted 27 days ago
The price of oil keeps falling. And falling. And falling. It has to stop somewhere, right? Even after trending down for a year and a half, U.S. crude has fallen another 17 percent since the start of the year and is now probing depths not seen since... Read more
37 related stories
27d
Baltimore Sun
Oil keeps falling. And falling. How low can it go?The price of oil keeps falling. And falling. And falling. It has to stop somewh
Oil keeps falling. And falling. How low can it go?
Baltimore Sun / Posted 27 days ago
The price of oil keeps falling. And falling. And falling. It has to stop somewhere, right? Even after trending down for a year and a half, U.S. crude has fallen another 17 percent since the start of the year and is now probing depths not seen since... Read more
37 related stories
28d
The Columbus Dispatch
Long decline in oil’s price only worse this month Other news DALLAS — The price of U.S. oil keeps falling. And falling. And fa
Long decline in oil’s price only worse this month
The Columbus Dispatch / Posted 28 days ago
Other news DALLAS — The price of U.S. oil keeps falling. And falling. And falling. It has to stop somewhere, right? Even after trending down for a year and a half, U.S. crude has fallen an... Read more
37 related stories
28d
TribLIVE
Crude may drop to $20 a barrel amid glut, low demand, experts sayDALLAS — The price of oil keeps falling. And falling. And falling. It has to s
Crude may drop to $20 a barrel amid glut, low demand, experts say
TribLIVE / Posted 28 days ago
DALLAS — The price of oil keeps falling. And falling. And falling. It has to stop somewhere, right? Even after trending downward for more than a year, U.S. crude has fallen 17 percent since the start of the year and is probing depths not seen since... Read more
37 related stories
28d
Denver Post
As oil price falls, analysts predict how low it will goDALLAS — The price of oil keeps falling. And falling. And falling. It has to st
As oil price falls, analysts predict how low it will go
Denver Post / Posted 28 days ago
DALLAS — The price of oil keeps falling. And falling. And falling. It has to stop somewhere, right? Even after trending down for a year and a half, U.S. crude has fallen another 18 percent since the start of the year and is probing depths not seen... Read more
107 related stories
28d
KTVN Reno
As Oil Plunges, Energy Companies Cut Jobs, Postpone ProjectsBy DANICA KIRKA Associated Press LONDON (AP) - The world's biggest oil compan
As Oil Plunges, Energy Companies Cut Jobs, Postpone Projects
KTVN Reno / Posted 28 days ago
By DANICA KIRKA Associated Press LONDON (AP) - The world's biggest oil companies are slashing jobs and backing off major investments as the price of crude falls to new lows - and there may be more pain to come. Companies like BP, which said... Read more
107 related stories
28d
KTRE Lufkin and Nacogdoches
As oil plunges, energy companies cut jobs, postpone projectsLONDON (AP) - The world's biggest oil companies are slashing jobs and backing o
As oil plunges, energy companies cut jobs, postpone projects
KTRE Lufkin and Nacogdoches / Posted 28 days ago
LONDON (AP) - The world's biggest oil companies are slashing jobs and backing off major investments as the price of crude falls to new lows - and there may be more pain to come. Companies like BP, which said Tuesday it is cutting 4,000 jobs, are... Read more
107 related stories
28d
Knoxville News Sentinel
As oil plunges, energy companies cut jobs, postpone projectsLONDON (AP) - The world's biggest oil companies are slashing jobs and backing o
As oil plunges, energy companies cut jobs, postpone projects
Knoxville News Sentinel / Posted 28 days ago
LONDON (AP) - The world's biggest oil companies are slashing jobs and backing off major investments as the price of crude falls to new lows - and there may be more pain to come. Companies like BP, which said Tuesday it is cutting 4,000 jobs, are... Read more
107 related stories
28d
The New Zealand Herald
Oil - How low can it go?A pump jack operates in an oil field near Corpus Christi, Texas, United States.
Oil - How low can it go?
The New Zealand Herald / Posted 28 days ago
A pump jack operates in an oil field near Corpus Christi, Texas, United States. Photo / Bloomberg The price of oil keeps falling. And falling. And falling. It has to stop somewhere, right? Even after trending down for a year and a half, US crude... Read more
37 related stories
28d
WREX-TV Rockford
As oil plunges, energy companies cut jobs, postpone projectsLONDON (AP) - The world's biggest oil companies are slashing jobs and backing o
As oil plunges, energy companies cut jobs, postpone projects
WREX-TV Rockford / Posted 28 days ago
LONDON (AP) - The world's biggest oil companies are slashing jobs and backing off major investments as the price of crude falls to new lows - and there may be more pain to come. Companies like BP, which said Tuesday it is cutting 4,000 jobs, are... Read more
107 related stories
28d
WOWK-TV West Virginia
As oil plunges, energy companies cut jobs, postpone projectsLONDON (AP) - The world's biggest oil companies are slashing jobs and backing o
As oil plunges, energy companies cut jobs, postpone projects
WOWK-TV West Virginia / Posted 28 days ago
LONDON (AP) - The world's biggest oil companies are slashing jobs and backing off major investments as the price of crude falls to new lows - and there may be more pain to come. Companies like BP, which said Tuesday it is cutting 4,000 jobs, are... Read more
107 related stories
28d
Athens Banner-Herald
As oil plunges, energy companies cut jobs, postpone projectsLONDON | The world's biggest oil companies are slashing jobs and backing off ma
As oil plunges, energy companies cut jobs, postpone projects
Athens Banner-Herald / Posted 28 days ago
LONDON | The world's biggest oil companies are slashing jobs and backing off major investments as the price of crude falls to new lows — and there may be more pain to come. Companies like BP, which said Tuesday it is cutting 4,000 jobs, are slimming... Read more
107 related stories
28d
Channel 8 San Diego
As oil plunges, energy companies cut jobs, postpone projectsLONDON (AP) — The world's biggest oil companies are slashing jobs and backing o
As oil plunges, energy companies cut jobs, postpone projects
Channel 8 San Diego / Posted 28 days ago
LONDON (AP) — The world's biggest oil companies are slashing jobs and backing off major investments as the price of crude falls to new lows — and there may be more pain to come. Companies like BP, which said Tuesday it is cutting 4,000 jobs, are... Read more
107 related stories
28d
NBC Dallas Fort Worth
Oil Keeps Falling And Falling: How Low Can It Go?The price of oil keeps falling. And falling. And falling. It has to stop somewh
Oil Keeps Falling And Falling: How Low Can It Go?
NBC Dallas Fort Worth / Posted 28 days ago
The price of oil keeps falling. And falling. And falling. It has to stop somewhere, right? Even after trending down for a year and a half, U.S. crude has fallen another 17 percent since the start of the year and is now probing depths not seen since... Read more
37 related stories
28d
KAIT Jonesboro
As oil plunges, energy companies cut jobs, postpone projectsLONDON (AP) - The world's biggest oil companies are slashing jobs and backing o
As oil plunges, energy companies cut jobs, postpone projects
KAIT Jonesboro / Posted 28 days ago
LONDON (AP) - The world's biggest oil companies are slashing jobs and backing off major investments as the price of crude falls to new lows - and there may be more pain to come. Companies like BP, which said Tuesday it is cutting 4,000 jobs, are... Read more
107 related stories
28d
KFJX Pittsburg
As oil plunges, energy companies cut jobs, postpone projectsLONDON (AP) - The world's biggest oil companies are slashing jobs and backing o
As oil plunges, energy companies cut jobs, postpone projects
KFJX Pittsburg / Posted 28 days ago
LONDON (AP) - The world's biggest oil companies are slashing jobs and backing off major investments as the price of crude falls to new lows - and there may be more pain to come. Companies like BP, which said Tuesday it is cutting 4,000 jobs, are... Read more
107 related stories
28d
The Houma Courier
Oil keeps falling. And falling. How low can it go?Even after trending down for a year and a half, U.S. crude has fallen another 1
Oil keeps falling. And falling. How low can it go?
The Houma Courier / Posted 28 days ago
Even after trending down for a year and a half, U.S. crude has fallen another 17 percent since the start of the year and is now probing depths not seen since 2003. "All you can do is forecast direction, and the direction of price is still down,"... Read more
37 related stories
28d
FOX 11 Tucson
As oil plunges, energy companies cut jobs, postpone projectsLONDON (AP) - The world's biggest oil companies are slashing jobs and backing o
As oil plunges, energy companies cut jobs, postpone projects
FOX 11 Tucson / Posted 28 days ago
LONDON (AP) - The world's biggest oil companies are slashing jobs and backing off major investments as the price of crude falls to new lows - and there may be more pain to come. Companies like BP, which said Tuesday it is cutting 4,000 jobs, are... Read more
107 related stories
28d
The Daily Comet
Oil keeps falling. And falling. How low can it go?Even after trending down for a year and a half, U.S. crude has fallen another 1
Oil keeps falling. And falling. How low can it go?
The Daily Comet / Posted 28 days ago
Even after trending down for a year and a half, U.S. crude has fallen another 17 percent since the start of the year and is now probing depths not seen since 2003. "All you can do is forecast direction, and the direction of price is still down,"... Read more
37 related stories
28d
WAFF 48 News Huntsville
As oil plunges, energy companies cut jobs, postpone projectsLONDON (AP) - The world's biggest oil companies are slashing jobs and backing o
As oil plunges, energy companies cut jobs, postpone projects
WAFF 48 News Huntsville / Posted 28 days ago
LONDON (AP) - The world's biggest oil companies are slashing jobs and backing off major investments as the price of crude falls to new lows - and there may be more pain to come. Companies like BP, which said Tuesday it is cutting 4,000 jobs, are... Read more
107 related stories
28d
The Pekin Daily Times
World's biggest oil companies are slashing jobs and backing off major investments as prices fall to new lows Posted Jan. 12, 2016 at 4:00 PM Posted Jan. 12, 2016 at 4:00 PM LONDON (AP)
World's biggest oil companies are slashing jobs and backing off major investments as prices fall to new lows
The Pekin Daily Times / Posted 28 days ago
Posted Jan. 12, 2016 at 4:00 PM Posted Jan. 12, 2016 at 4:00 PM LONDON (AP) — The world's biggest oil companies are slashing jobs and... Read more
107 related stories
28d
WTOC 11 Savannah
As oil plunges, energy companies cut jobs, postpone projectsLONDON (AP) - The world's biggest oil companies are slashing jobs and backing o
As oil plunges, energy companies cut jobs, postpone projects
WTOC 11 Savannah / Posted 28 days ago
LONDON (AP) - The world's biggest oil companies are slashing jobs and backing off major investments as the price of crude falls to new lows - and there may be more pain to come. Companies like BP, which said Tuesday it is cutting 4,000 jobs, are... Read more
107 related stories
28d
WAFB Baton Rouge
As oil plunges, energy companies cut jobs, postpone projectsLONDON (AP) - The world's biggest oil companies are slashing jobs and backing o
As oil plunges, energy companies cut jobs, postpone projects
WAFB Baton Rouge / Posted 28 days ago
LONDON (AP) - The world's biggest oil companies are slashing jobs and backing off major investments as the price of crude falls to new lows - and there may be more pain to come. Companies like BP, which said Tuesday it is cutting 4,000 jobs, are... Read more
107 related stories
28d
WLOX-TV Biloxi
Oil keeps falling. And falling. How low can it go?DALLAS (AP) - The price of oil keeps falling. And falling. And falling. It has
Oil keeps falling. And falling. How low can it go?
WLOX-TV Biloxi / Posted 28 days ago
DALLAS (AP) - The price of oil keeps falling. And falling. And falling. It has to stop somewhere, right? Even after trending down for a year and a half, U.S. crude has fallen another 17 percent since the start of the year and is now probing depths... Read more
37 related stories
28d
KFDA-TV Amarillo
As oil plunges, energy companies cut jobs, postpone projectsLONDON (AP) - The world's biggest oil companies are slashing jobs and backing o
As oil plunges, energy companies cut jobs, postpone projects
KFDA-TV Amarillo / Posted 28 days ago
LONDON (AP) - The world's biggest oil companies are slashing jobs and backing off major investments as the price of crude falls to new lows - and there may be more pain to come. Companies like BP, which said Tuesday it is cutting 4,000 jobs, are... Read more
107 related stories
28d
WAVE 3 Louisville
As oil plunges, energy companies cut jobs, postpone projectsLONDON (AP) - The world's biggest oil companies are slashing jobs and backing o
As oil plunges, energy companies cut jobs, postpone projects
WAVE 3 Louisville / Posted 28 days ago
LONDON (AP) - The world's biggest oil companies are slashing jobs and backing off major investments as the price of crude falls to new lows - and there may be more pain to come. Companies like BP, which said Tuesday it is cutting 4,000 jobs, are... Read more
107 related stories
28d
KSWO Lawton-Wichita Falls
As oil plunges, energy companies cut jobs, postpone projectsLONDON (AP) - The world's biggest oil companies are slashing jobs and backing o
As oil plunges, energy companies cut jobs, postpone projects
KSWO Lawton-Wichita Falls / Posted 28 days ago
LONDON (AP) - The world's biggest oil companies are slashing jobs and backing off major investments as the price of crude falls to new lows - and there may be more pain to come. Companies like BP, which said Tuesday it is cutting 4,000 jobs, are... Read more
107 related stories
28d
KSLA-TV Shreveport
As oil plunges, energy companies cut jobs, postpone projectsLONDON (AP) - The world's biggest oil companies are slashing jobs and backing o
As oil plunges, energy companies cut jobs, postpone projects
KSLA-TV Shreveport / Posted 28 days ago
LONDON (AP) - The world's biggest oil companies are slashing jobs and backing off major investments as the price of crude falls to new lows - and there may be more pain to come. Companies like BP, which said Tuesday it is cutting 4,000 jobs, are... Read more
107 related stories
28d
The Kitsap Sun
As oil plunges, energy companies cut jobs, postpone projectsLONDON (AP) - The world's biggest oil companies are slashing jobs and backing o
As oil plunges, energy companies cut jobs, postpone projects
The Kitsap Sun / Posted 28 days ago
LONDON (AP) - The world's biggest oil companies are slashing jobs and backing off major investments as the price of crude falls to new lows - and there may be more pain to come. Companies like BP, which said Tuesday it is cutting 4,000 jobs, are... Read more
107 related stories
28d
KLTV 7 Tyler
As oil plunges, energy companies cut jobs, postpone projectsLONDON (AP) - The world's biggest oil companies are slashing jobs and backing o
As oil plunges, energy companies cut jobs, postpone projects
KLTV 7 Tyler / Posted 28 days ago
LONDON (AP) - The world's biggest oil companies are slashing jobs and backing off major investments as the price of crude falls to new lows - and there may be more pain to come. Companies like BP, which said Tuesday it is cutting 4,000 jobs, are... Read more
107 related stories
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