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The NationalUS oil sector pain is deepeningThe NationalThere are growing signs that the collapse in oil prices is biting deeper in the US oil patch, a key target for Arabian Gulf producers looking to reverse a world oil glut without cutting their own outpu
Admin 27.03.2016 0 90

ForbesOil Price May Have Bottomed Out But China's Flat Demand Spells TroubleForbesAs the Brent front-month future contract stabilizes either side of the $40 per barrel level, and WTI lurks within that range too, a comment by the International Energy Ag
Admin 26.03.2016 0 104

Channel News AsiaWorld stocks slide as oil slumpsChannel News AsiaLONDON: Stock markets slid across the globe on Thursday (Mar 24) following fresh weakness in the oil price, analysts said. News that consumer confidence in Germany is beginning to feel the h
Admin 25.03.2016 0 104

Wall Street Journal (subscription) (blog)Oil Mystery Solved? Interest-Rate Effect Upends Usual Growth BenefitWall Street Journal (subscription) (blog)One of the economy's big puzzles is why lower oil prices have done so little to help economic growth.
Admin 25.03.2016 0 118

Oil Decline Takes Toll on Saudi Conglomerate — Energy JournalWall Street Journal (subscription) (blog)The government's response to dwindling oil revenues—cutting back oil and utilities subsidies to ease budgetary pressures as well as big-ticket infrast
Admin 24.03.2016 0 102

MarketWatchOil prices continue rout as supply fears weighMarketWatchOil prices sank after a report from the U.S. Department of Energy showed domestic crude stockpiles soared by 9.4 million barrels in the most recent week. The increase blew past analyst exp
Admin 24.03.2016 0 64

CNBCAsia slips; Nikkei off 0.6%, Shanghai down 1.6%CNBCAsia markets ended lower Thursday, amid fresh declines in oil prices and concerns the U.S. Federal Reserve may hike interest rates sooner than expected. Japan's Nikkei 225 ended down 108.65 points,
Admin 24.03.2016 0 82

DesMoinesRegister.comBakken pipeline coming despite oil glutDesMoinesRegister.comIn North Dakota's rich but remote Bakken oilfields, prices are plummeting, and production is sliding. Producers in the region have been hit by the same oil downturn that h
Admin 24.03.2016 0 159

CNBCOil price fuels Singapore layoffs ahead of budgetCNBCLayoffs in Singapore have hit their highest levels since the global financial crisis, highlighting the adverse impact of sustained low oil prices on the city-state. A big chunk of the losses have com
Admin 24.03.2016 0 64

MarketWatchOil prices drop as traders fret about looming stockpile dataMarketWatchCrude prices have wavered around the $40-a-barrel mark in recent sessions, as traders await further clarity on the outlook for global oil production. Early data from the Amer
Admin 23.03.2016 0 76