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More pain to come as oil bubble pops

US-BASED Stansberry Research believes that the oil price bubble has well and truly popped, with oil plunging back to prices not seen for a decade, but it warns that the full impact for oil and gas companies is still to come.

More pain to come as oil bubble pops

In Stansberry's latest note the firm said ExxonMobil, Chevron, BP, Shell and Total had accumulated a staggering $US8 trillion ($11.15 billion) in sales between 2010 and 2014 - roughly the equivalent of...

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A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

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