News

We keep up with what’s happening in the industry. Read more below.

He Paid $1.50 an Acre for Barren Texas Land Now Worth $7 Billion

The Fasken heirs own land in the heart of the Permian Basin. By Austin WeinsteinSeptember 10, 2019, 5:00 AM CDT (Bloomberg) - So much of the Permian Basin is under production that the lights glowing at night, on well pads and rigs and ...
money-and-investment-concept

Oil Holds Gains as US Signals Trade Talk Progress

(Bloomberg) -- Oil held its biggest gain in more than five months as OPEC and its allies edged closer to fixing a date for their next meeting and as the U.S. and China signaled trade talks would resume after a stalemate. Futures ...