Eddy County small business to receive additional funds in CARES Act 2
More than $2 million in CARES Act 2 grants will soon be made available to Carlsbad and Eddy County small businesses looking for relief from…
Category: Business
Study shows small business down nearly 25% in Eddy County
We’re seeing numerous signs of economic recovery, but some recent economic studies also offer some very sobering statistics about how much our small businesses were…
U.S. Oil Rig Count Falls To Lowest Level Since 2009
Baker Hughes reported on Friday that the combined oil and gas rig count in the U.S. fell this week by 4, to 247. The total…
S&P 500 hits highest level since February as tech stocks spike
From Market Insider US stocks erased early losses and climbed on Monday as tech giants soared and investors cheered positive COVID-19 drug trial results. Tech…
Dow gains 369 points on trader optimism around a COVID-19 treatment
From Market Insider US stocks rose on Friday as traders cheered advances in coronavirus treatment. Gilead Sciences said on Friday that an analysis of clinical-trial…
US stocks fall as investors weigh looming risks to economic reopening, WTI Oil at $37.21
US stocks slipped on Wednesday, ending a three-day S&P 500 winning streak. All three major indexes fluctuated between gains and losses for most of the…
Drilling Executive: Oil Prices Could Hit $70 This Fall
WTI Crude prices may be set for a 90-percent jump to $70 a barrel by the fall as U.S. oil producers may have “over-cut” production,…
OPEC+ Agrees on Extending Record Output Cuts
OPEC and its partners concluded their meeting on Saturday afternoon, announcing that it would extend its current production cut deal. Algeria’s Energy Minister Mohamed Arkab, OPEC’s current…
Oil jumps 20% as investors see ‘light at the end of the tunnel’ with coronavirus lockdowns slowly lifting
Oil prices rose on Tuesday as traders looked optimistically at moves by several major economies to ease coronavirus lockdowns, allowing for greater economic activity and likely…
Oil Price War Ends With Historic OPEC+ Deal to Cut Output
The world’s top oil producers pulled off a historic deal to cut global petroleum output by nearly a 10th, putting an end to the devastating…
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