posted: 02/07/2016 1:48 a.m.
When oil prices began to decline in 2014, many analysts and economists believed the slump would stimulate growth in the U.S. economy.
posted: 02/05/2016 5:45 a.m.
Acxiom Corp. recorded a loss of $1.4 million for its fiscal 2016 third quarter, missing analysts' estimates.
posted: 02/04/2016 2 a.m.
Murphy USA Inc. said Wednesday that the company will sell a pipeline system for about $85 million to an undisclosed buyer.
posted: 01/28/2016 5:45 a.m.
Murphy USA Inc. anticipated for some time that Wal-Mart Stores Inc. would end its agreement to build future fuel stations, the company's CEO said Wednesday.
posted: 01/28/2016 5:45 a.m.
Murphy Oil Corp. on Wednesday became the latest U.S. energy company to cut its capital budget for 2016 as the prolonged slump in oil prices continues to curtail investment in the industry.
posted: 01/27/2016 5:45 a.m.
The future break between Murphy USA Inc. and Wal-Mart Stores Inc. on new fuel stations increases the odds that the two will become competitors as they expand to new markets, an analyst said Tuesday.
posted: 01/22/2016 4 a.m.
Southwestern Energy Co., in announcing extensive workforce reductions nationwide, said Thursday that it will lay off 600 employees in Arkansas -- about 50 percent of its workers in the state -- as the company grapples with plunging natural-gas prices.
posted: 01/14/2016 5:45 a.m.
The global oil glut -- more than a year old -- is showing no signs of abating as the world remains overflowing with crude.
updated: 01/08/2016 10:07 a.m.
Frances Wage of Lowell said the lower gas prices give her more freedom on when to fill up. She was putting gas in her Ford pickup Thursday at the Kum & Go at 816 W. Monroe Ave. in Lowell.
posted: 01/08/2016 2:02 a.m.
Communications Sales & Leasing, Inc. is buying a company that provides infrastructure for telecommunications carriers in a $409 million deal, the company announced Thursday.
posted: 01/05/2016 5:45 a.m.
Escalating tension between Saudi Arabia and Iran means the quarreling governments are likely to use economic tactics that will lead to even lower oil prices, experts said Monday.
updated: 01/01/2016 5:50 a.m.
For the second straight year, oil prices posted large drops as a result of a global glut of crude, and the outlook for 2016 is just as bleak for the industry, analysts say.
posted: 12/22/2015 5:45 a.m.
Americans traveling this Christmas will pay for some of the cheapest gasoline in six years as a continuing oil glut keeps fuel prices down.
posted: 12/19/2015 2:50 a.m.
Southwestern Energy Co., the main producer in the Fayetteville Shale, plans to pull its two remaining drilling rigs from the natural gas play as plunging natural gas and oil prices continue to roil the energy industry.
posted: 12/15/2015 5:45 a.m.
Bad Boy Mowers is planning a $7.8 million expansion of its operations in Batesville that will add a 68,000-square-foot building to its campus and an additional 160 jobs over several years.