Reuters | Oil price fall exacerbated by hedging, energy firms' debt: BIS Reuters The BIS compared oil's recent fall, which saw prices collapse to below $50 a barrel from levels of above $100, with declines in 1996 and 2006 and concluded that unlike on previous occasions, this time oil production has been close to expectations and ... BIS says financial flows partly to blame for oil collapse Oil Firms' Debt Spiral May Have Added to Price Rout in BIS View BIS: There's an the oil-debt-dealer nexus |