(Bloomberg) -- American shale explorers are rapidly crimping production in the country’s most prolific oil fields as the worst price crash in history threatens the industry’s survival.Three of the biggest oil explorers in the U.S. -- Exxon Mobil Corp., Chevron Corp., and ConocoPhillips -- plan to curb as much as 660,000 barrels a day of combined American output by the end of June. Across the county, crude production by all companies has already tumbled about 1 million barrels a day since mid-March, when OPEC and its allies clinched an historic deal to trim global supply.It’s too soon to tell how long the reductions will last but if implemented for a full year, they would overshadow any previous American production slide going back to at least 1984. Moreover, the pull-back puts the U.S. on track to fulfill the Trump administration’s pledge to removing 2 million barrels of daily supplies through market attrition.With...
J.B. Hunt Transport Services now offers a new electronic bill of lading (eBOL) feature that will enable businesses and carriers to digitally sign BOLs, further reducing contact during the delivery process. ...
Tobias Carlisle, Founder and Portfolio Manager at The Acquirers Fund, joined Yahoo Finance's Jen Rogers and Myles Udland to discuss the stocks he's watching and how he's navigating the current market. ...
[Editor's note: "9 Gold Stocks to Stave Off Coronavirus-Induced Volatility" is regularly updated to include the most relevant information available.]With a shocking number of Americans unemployed due to the devastating economic impact of the novel coronavirus, the future appears a very dark one. At this time, the idea of a quick, V-shaped recovery seems remote. However, this period is also a boon for precious metals. That's because -- if we're being quite honest -- nothing glitters like gold during times of turmoil. As a result, some have turned their attention to gold stocks.Personally, I believe physical gold is good to own as a safeguard for your portfolio. No, I'm not suggesting an underground bunker full of the stuff like some ardent proponents of precious metals. But a modest exposure can go a long way.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThat said, I understand the drawbacks of gold bullion....
Pilot Company has launched the Axle Fuel Card, which offers fleets quick approvals and enhanced payment terms, money back rewards, and loyalty benefits for drivers. ...
