Liam Denning, Columnist

Anadarko Gets It. Does OPEC?

A buyback shows the E&P sector hunkering down. The cartel may throw it a lifeline.

September 21, 2017 at 1:32 PM UTC

Liam Denning is a Bloomberg Opinion columnist covering energy. A former banker, he edited the Wall Street Journal’s Heard on the Street column and wrote the Financial Times’s Lex column.

1506000827_GettyImages-453657172 — Photographer: Jamie Schwaberow

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Here's a shocker: The oil business is cyclical.

Now, once you've had a chance to sit down, I'll lay this one on you: That cycle is speeding up.