Business InsiderCorrelation between crude oil and stocks has broken down ...Business InsiderThey typically moved in the same direction, and strategists were quick to cite a decline in oil prices as one major reason for any stock market weakness.and more&nb …
Alaska could end to oil checks paid to residents since 1982The Seattle TimesANCHORAGE, Alaska (AP) — As Alaska faces a multibillion dollar budget deficit, the oil fund wealth checks distributed yearly to nearly every Alaskan could be on the chopping block. …
The One Chart That Shows Why Oil Prices Have To Keep RisingOilPrice.comThere has been a lot of pessimism among oil investors in recent months, and indeed the bear market over the last couple of years in black gold has destroyed many nest eggs. With that sa …
Science DailyConservation key to curbing emissions from palm oil agriculture in AfricaScience DailyAs oil palm production expands from Southeast Asia into Central Africa, a new Duke University-led study warns that converting Africa's tropical forests i …
Brexit, Brazil and Oil Don't Add Up to Disaster For SantanderWall Street JournalBrexit, Brazilian economic turmoil, U.S. oil and gas debt, Southern Europe's bad-debt pile: there is a whole litany of pitfalls for banks out there. Unfortunately, for …
Financial PostScotiabank, which has biggest exposure to oil sector, lifts provision for bad loans by 40 per centFinancial PostLike other Canadian banks, Bank of Nova Scotia took a hit from higher energy-related provisions for loan losses in the second quar …
Financial TimesUS crude oil price hits highest level in 7 monthsFinancial TimesUS crude oil bounced to the highest level in seven months on Tuesday, as traders foresaw a decline in bloated inventories in the world's biggest petroleum consumer. Nymex Ju …
FortuneWells Fargo Cuts Its Oil RiskWall Street Journal (blog)That is when, twice a year, banks rethink the lines of credit that they have extended to oil drillers, weighing factors like the value of collateral. So far this spring, Wells has reduced the cr …
Wall Street JournalCanada's Banks Continue to Face Oil-Price FalloutWall Street JournalCanada's biggest banks begin reporting their fiscal second-quarter earnings this week and lower oil prices are expected to pressure results. Although oil prices …