Why plunging oil prices now hurt—yes hurt—the US economyMarketWatch“The key point to remember here is that the lower oil prices are now a net drag on the U.S. economy, because the [capital-expenditure] cutbacks triggered in the shale oil business outweigh …

Why plunging oil prices now hurt—yes hurt—the U.S. economy ...MarketWatchThanks to the shale revolution, plunging oil prices are a drag on U.S. economic growth, but the hit is uneven, notes one economist.and more » Read more http://news.google.c …

Why plunging oil prices now hurt, yes hurt, the US economyMarketWatch“The key point to remember here is that the lower oil prices are now a net drag on the U.S. economy, because the [capital-expenditure] cutbacks triggered in the shale oil business outweig …

Barron'sWhy the Slump in Oil Prices Is Not Signaling a RecessionBarron'sOil's furious descent in the past six weeks has shaken traders and sown seeds of doubt in the minds of investors: If demand for the economy's most important fuel is weakening, …

Barron'sWhy the slump in oil prices is not signaling a recession - Barron'sBarron'sThe swings in crude oil prices can be largely attributed to supply growth and geopolitics, not the global economy.Oil short-selling jumps in record streak as faith in Op …

Wall Street JournalOil Stabilizes After Sharp SelloffWall Street JournalHIGHLIGHTS. U.S. oil stocks: Inventories of crude in the U.S. rose by 10.3 million barrels in the week ended Nov. 9, the Energy Information Administration said on Thursday. The build w …

Wall Street JournalOil Stabilizes After Sharp Selloff - WSJWall Street JournalU.S. oil prices ended flat Friday but sharply lower for the week after an earlier selling frenzy amid worries of a global surplus of crude oil and weaker demand.Oil prices suffer …

ReutersAsia's weakening economies, record supply threaten to create oil glutReutersGlobal supply has instead surged, led by soaring output from the world's three-biggest producers - the United States, Russia and Saudi Arabia - who in October broke …

Wall Street JournalUS Oil Enters Bear Market on Rising Inventories, Worries of OversupplyWall Street JournalBear Market: A bear market generally is defined as a 20% decline from a recent peak, which in the case of the U.S. crude oil benchmark was a four-ye …

Wall Street JournalIran Sanctions Won't Fuel Oil Prices for LongWall Street JournalAnticipation of U.S. sanctions on Iran drove oil prices to multiyear highs last month, but the crude being pumped to replace Iran's supply and easing demand growth f …