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North Korea Conducts Ballistic Missile Test

North Korea Conducts Ballistic Missile Test

He pointed to worsening relations between Beijing and Pyongyang as the USA has increased pressure on China to act to rein in North Korea's nuclear program. Each new nuclear and longer-range missile test is part of the North's attempt to build a nuclear-tipped intercontinental ballistic missile. Speaking to reporters during his visit to China, Putin said Monday that "there's nothing good about" the launch.


US Fed ties rate hike to economic rebound

US Fed ties rate hike to economic rebound

The U.S. dollar index , which measures the greenback's strength against a trade-weighted basket of six major currencies , was up 0.09% at 97.24. The output cut will be performed by the majority of OPEC member and also by participating non-OPEC member, headed by one of the top oil producer, Russia.



Texas Claims Victory As OPEC Forced To Roll Over Oil Production Cuts

OPEC ministers were still meeting behind closed doors by 1100 GMT on Thursday. Khalid A. Al-Falih, Saudi Arabia's oil minister and president of the OPEC Conference, said in his opening statement Thursday that the cuts first agreed to in November were having their intended effect.



Stock Highlights on Precision Drilling Corp (NYSE:PDS)

If you look at the company's income statement over the past years, you will see that the company is constantly posting gross profit: In 2014, PDS earned gross profit of 944.71 Million, in 2015 631.28 Million gross profit, while in 2016 Precision Drilling Corporation (PDS ) produced 344.12 Million profit.


3 workers injured in oil tank fire in northern Colorado

3 workers injured in oil tank fire in northern Colorado

Their names have not been released. "Preliminary information suggests that maintenance was possibly being performed on the site when the incident happened", a statement from the Weld County Sheriff's Office said. That explosion prompted Colorado Governor John Hickenlooper to order all oil and gas companies operating in the state to locate, inspect and cap all similar "flowlines" within 1,000 feet (305 meters) of any occupied buildings.