Oil News

‘We’re Compute Cowboys’: Gideon Powell on the Pioneer Spirit Driving Bitcoin Mining
An interview with the CEO of Cholla Inc., an oil & gas exploration company that’s investing in bitcoin mining. Gideon Powell, who runs...

US Futures Rise, Chinese Stocks Soar As Politburo Vows Support, FOMC Meeting Begins
US futures are higher with bond yields also rising higher in quiet, cautious trade ahead of a barrage of earnings including MSFT and GOOGL l...

Ghost From the Well: Is Crypto Mining With Associated Gas Better for the Environment?
Back in 2018, when another bear market depressed crypto prices, Sergii Gerasimovich was looking for cheaper sources of power. The CEO and co...

Futures Tentatively Higher At Start Of Action-Packed Week
Futures rose as we enter a very heavy macro and earnings week highlighted by the Fed, ECB, BOJ, global PMIs and GDPs, US PCE, as well as ear...

BlackRock Faces Blowback After Appointing Oil Exec to Board
Asset manager BlackRock’s decision to add a former oil executive to its board has incurred widespread criticism in the global media. Much ...

Futures Grind Higher As Global Yields Slump After Major UK Inflation Miss
Futures were just barely higher, having erased earlier small gains following yesterday’s frenzied meltup that sent spoos just shy of 4...

Futures Flat, Yields Slide As ECB Hawk Sends Dovish Message
US equity futures were trading flat on Tuesday as Bank of America unveiled solid second-quarter earnings (and Morgan Stanley on deck), with ...

Bitcoin Outperformed Oil and Gold With Over 100% Increase in Q1 2021
The price of Bitcoin (BTC), the leading cryptocurrency by market capitalization, has more than doubled since the beginning of the year. This...