Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Proration, or limiting oil and gas production to help control prices, is controversial in the energy industry because many producers cite free market principles in opposing it, but a significant ...

Oil producers don't need bureaucrats telling them when to tighten the spigots. The global oil market is experiencing historic turmoil. The COVID-19 and public health initiatives have caused an ...

Oil prices hit a historic low on Monday, with West Texas Intermediate Crude Oil settling at $-37.63. In the aftermath, the Texas Railroad Commission held a meeting Tuesday to discuss the possibility ...

MIDLAND, Texas — UPDATE: The Texas Railroad Commission voted Tuesday not to prorate Texas oil production. During the meeting, Commissioners said they believe allowing the free market to fluctuate is ...

Great news! A company you own has agreed to buy back 10% of its stock at a nice premium to the current price. That tender price just happens to be the price you'd be willing to sell all your shares, ...

MONTGOMERY -- Gov. Bob Riley, citing the severity of the economic downturn, declared proration today in state education spending and announced a hiring freeze in non-education state agencies. The ...