Loews CEO: Oil Will Go Back To $65-$70 A Barrel

Loews Corp. President and CEO James Tisch discusses his outlook for oil and natural gas.

Dec 2, 2015

Loews Corp. President and CEO James Tisch discusses his outlook for oil and natural gas.

Latest in Supply Chain
Emergency services work at Imperial Dock, where a ship has become dislodged from its holding and is partially toppled over, in Leith, Edinburgh, Scotland, Wednesday March 22, 2023.
25 Injured After Docked Ship Tips Over
March 22, 2023
I Stock 1213824480
Feds Recover $1.1M from San Diego Logistics Companies
March 21, 2023
This photo taken with a drone shows portions of a Norfolk Southern freight train that derailed Feb. 3, in East Palestine, Ohio, are still on fire on Feb. 4, 2023. A Senate committee is holding a hearing Thursday, March 9, to look into the train derailment in East Palestine.
Norfolk Southern CEO Bringing Apology, Aid to Senate Hearing
March 9, 2023
This photo provided by the Phoenix Police Department shows stolen catalytic converters that were recovered after detectives served a search warrant at a storage unit in Phoenix, May 27, 2022.
Minnesota Moves to Crack Down on Catalytic Converter Thefts
March 3, 2023
Related Stories
Emergency services work at Imperial Dock, where a ship has become dislodged from its holding and is partially toppled over, in Leith, Edinburgh, Scotland, Wednesday March 22, 2023.
Supply Chain
25 Injured After Docked Ship Tips Over
In this image made from video, former Taiwan Semiconductor Manufacturing Company (TSMC) CEO, Morris Chang, speaks during a forum in Taipei, Taiwan, Thursday, March 16, 2023. U.S. government efforts to shift production of processor chips from Asia to the United States will double their cost and slow the spread of their use in phones, cars and other products, the billionaire founder of the global industry’s biggest manufacturer warned Thursday.
Supply Chain
Taiwan Chip Pioneer Warns U.S. Plans Will Boost Costs
Canadian Pacific trains sit idle on the tracks due to a strike at the main CP Rail train yard in Toronto, March 21, 2022. The first major railroad merger since the 1990s could be approved Wednesday, March 15, 2023, when federal regulators announce their decision on Canadian Pacific's $31 billion acquisition of Kansas City Southern railroad.
Supply Chain
First Major U.S. Railroad Merger in 2 Decades Will Go Forward
Security Breach Podcast
Sponsored
Security Breach Podcast
More in Supply Chain
Two badger cubs in the Szeged Game Park in Szeged, Hungary, April 12, 2006.
Supply Chain
Badgers Burrow Under Train Tracks, Forcing Delays
The animals are a protected species in the Netherlands.
March 22, 2023
Emergency services work at Imperial Dock, where a ship has become dislodged from its holding and is partially toppled over, in Leith, Edinburgh, Scotland, Wednesday March 22, 2023.
Supply Chain
25 Injured After Docked Ship Tips Over
Photos from the scene showed the ship leaning to the side at a 45-degree angle.
March 22, 2023
I Stock 1213824480
Laws & Regulations
Feds Recover $1.1M from San Diego Logistics Companies
The employers paid some workers less than $2.50 per hour.
March 21, 2023
In this image made from video, former Taiwan Semiconductor Manufacturing Company (TSMC) CEO, Morris Chang, speaks during a forum in Taipei, Taiwan, Thursday, March 16, 2023. U.S. government efforts to shift production of processor chips from Asia to the United States will double their cost and slow the spread of their use in phones, cars and other products, the billionaire founder of the global industry’s biggest manufacturer warned Thursday.
Supply Chain
Taiwan Chip Pioneer Warns U.S. Plans Will Boost Costs
Morris Chang of TSMC can't understand why Washington wants to move so much manufacturing from Asia.
March 16, 2023
Canadian Pacific trains sit idle on the tracks due to a strike at the main CP Rail train yard in Toronto, March 21, 2022. The first major railroad merger since the 1990s could be approved Wednesday, March 15, 2023, when federal regulators announce their decision on Canadian Pacific's $31 billion acquisition of Kansas City Southern railroad.
Supply Chain
First Major U.S. Railroad Merger in 2 Decades Will Go Forward
Their coupling will create the only railroad linking Canada, Mexico and the United States.
March 15, 2023
A Silicon Valley Bank sign outside its office in Frankfurt, Germany, March 13, 2023.
Economics
Government Moves to Stop Potential Banking Crisis
The swift and stunning collapse of two banks prompted fears of a broader upheaval.
March 13, 2023
Multiple cars of a Norfolk Southern train lie toppled after derailing at a train crossing with Ohio 41 in Clark County, Ohio, March 4, 2023.
Supply Chain
Railroad Group Warns that Car Flaw Could Cause Derailments
Norfolk Southern discovered loose wheels on a car involved in a derailment last weekend in Ohio.
March 10, 2023
This photo taken with a drone shows portions of a Norfolk Southern freight train that derailed Feb. 3, in East Palestine, Ohio, are still on fire on Feb. 4, 2023. A Senate committee is holding a hearing Thursday, March 9, to look into the train derailment in East Palestine.
Supply Chain
Norfolk Southern CEO Bringing Apology, Aid to Senate Hearing
Outcry from residents that they are still suffering from illnesses has turned high-level attention to railroad safety.
March 9, 2023
Multiple cars of a Norfolk Southern train lie toppled after derailing at a train crossing with Ohio 41 in Clark County, Ohio, Saturday, March 4, 2023.
Safety
Safety Agency Opens Probe of Norfolk Southern Rail Accidents
The NTSB says it will begin a broad look at the company's safety culture.
March 8, 2023
This is a locator map for the Suez Canal and the Sinai Peninsula in Egypt, with its capital, Cairo.
Supply Chain
Cargo Ship Runs Aground in Suez Canal
Traffic through the global waterway was not impacted.
March 6, 2023
This photo provided by the Phoenix Police Department shows stolen catalytic converters that were recovered after detectives served a search warrant at a storage unit in Phoenix, May 27, 2022.
Supply Chain
Minnesota Moves to Crack Down on Catalytic Converter Thefts
The bill would prohibit scrap metal dealers from purchasing a converter that is not attached to a vehicle unless it bears identifying markings that can be used to trace it.
March 3, 2023
Federal Reserve Board of Governors member Christopher Waller in Washington, May 23, 2022.
Supply Chain
Fed Officials Sound Warnings About Higher Rates
Several recent reports suggested that the economy was stronger — and inflation more persistent — than previous data had indicated.
March 3, 2023
Exploration drilling continues for Permitting Lithium Nevada Corp.'s Thacker Pass Project on the site between Orovada and Kings Valley, in Humboldt County, Nev., shown beyond a driller's shovels in the distance, Sept. 13, 2018.
Supply Chain
Court Denies Emergency Bid to Stop Nevada Lithium Mine
Opponents say the government illegally approved it in a rush to produce raw materials for electric vehicle batteries.
March 2, 2023
A view of the scene Friday, Feb. 24, 2023, as the cleanup continues at the site of a Norfolk Southern freight train derailment that happened on Feb. 3, in East Palestine, Ohio. On Tuesday, Feb. 28, in the wake of a fiery Ohio derailment and other recent crashes, federal regulators urged that freight railroads should reexamine the way they use and maintain the detectors along the tracks that are supposed to spot overheating bearings.
Safety
Ohio Lawmakers Ready Rail Safety Bill After Fiery Crash
The Senate bill aims to address several key regulatory questions that have arisen from the disaster.
March 1, 2023
Airmen with the 436th Aerial Port Squadron use a forklift to move 155 mm shells ultimately bound for Ukraine, April 29, 2022, at Dover Air Force Base, Del.
Supply Chain
U.S. Commits $2 Billion in Drones, Ammunition, Aid to Ukraine
Including this latest package, the U.S. has now committed more than $32 billion in security assistance.
February 24, 2023