Meenal Vamburkar

Business, Equipment

Caterpillar Seeks New CFO With Halverson to Retire Next Year

Caterpillar Headquarters Scott McLeod/Flickr

Caterpillar Inc. Chief Financial Officer Brad Halverson will retire in early 2018.

Meenal Vamburkar | Bloomberg News
August 1, 2017
Government, Fuel

US Cuts 2018 Crude Production Forecast Amid Lower Prices

Oilfield pumpjacks Al Seib/Los Angeles Times

U.S. crude producers are still set to pump record amounts of the commodity next year, but less so than previously projected, according to the latest government estimates.

Meenal Vamburkar | Bloomberg News
July 11, 2017
Business, Fuel

Oil Posts Weekly Decline as US Drillers Resume Expansion

oil prices Jim Gehrz/Minneapolis Star Tribune/MCT

Oil prices declined for the week of July 3, as expanded U.S. drilling activity and added production offset a larger-than-expected drop in stockpiles.

Meenal Vamburkar | Bloomberg News
July 7, 2017
Fuel

Oil Extends Rally as Record US Shale Drilling Boom Stutters

Angel Navarrete/Bloomberg News

Oil extended the longest run of gains in six months after U.S. shale explorers paused a record drilling expansion in a sign the boom may be slowing down.

Meenal Vamburkar | Bloomberg News
June 30, 2017
Business, Fuel

Oil Extends Decline as US Crude, Gasoline Stockpiles Rise

Daniel Acker/Bloomberg News

Oil tumbled to the lowest intraday level in four weeks June 7, as U.S. industry data showed an unexpected increase in crude inventories. Gasoline stockpiles also rose.

Meenal Vamburkar | Bloomberg News
June 7, 2017