Suckerpinch, suckerpunch, for the first day of the month. We kick off September carrying the baggage that we picked up last month – that of economic fears ignited by China. Overnight PMI numbers from the world’s largest energy consumer (and second largest economy) has done little (well, nothing) to dissuade this notion. The official PMI […]
W&T Offshore has agreed to sell its stake in a West Texas oil field to a private equity start-up company for $376 million, the latest oil deal geared toward supporting a seller’s financial books amid cheap oil prices.
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