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CNBCOil and stocks: An unhealthy relationship?CNBCCrude prices should not be so heavily influenced by oil stocks, one analyst told CNBC, saying that their recent correlation is fundamentally flawed. Speaking after BP reported its worst annual loss in 20 ye
Admin 02.02.2016 0 91

CBC.caBP profit drops to 20-year low as oil firm plans to axe 7000 jobsCBC.caOil companies are slashing jobs and delaying investments as crude prices plummet. Brent crude, the benchmark for North Sea oil, fell 34 percent last year and hit a 12-year low of
Admin 02.02.2016 0 76

USA TODAYOilprice: Obama in DC disconnect over oil futureUSA TODAY“What we have here is a failure to communicate.” That's what the warden says to Paul Newman in the movie Cool Hand Luke, right after he knocks him into a ditch. The oil and gas industry
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USA TODAYStocks plunge: Dow down more than 300, oil tumbles below $28USA TODAYThe sell-off that has engulfed global stock markets early in 2016 intensified Wednesday, with oil breaking below $28 a barrel for the first time since 2003, the Dow plunging abou
Admin 20.01.2016 0 102

USA TODAYStocks plunge: Dow down almost 300, oil tumbles below $28USA TODAYThe sell-off that has engulfed global stock markets early in 2016 intensified Wednesday, with oil breaking below $28 a barrel for the first time since 2003, the Dow plunging almost
Admin 20.01.2016 0 102

FortuneWall St suffers fresh sell-off as oil price fall rattles investorsFinancial TimesGlobal stocks are hitting two-and-a-half year lows, with Japan entering a bear market, as a further slide in oil prices rattles investors, triggering renewed buying of
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CNBCHere's who is gaining from record low oil pricesCNBCEuropean stocks slumped on Wednesday as a result of the latest fall in crude oil, but the collapse in energy prices is actually a boon for the region, the CEO of one of Europe's biggest transp
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Financial TimesCheap oil comes at a price for Middle EastFinancial TimesThese lower prices have provided some positives for developed economies. Cheaper petrol has spurred gasoline demand in major markets such as the US — on average, consumption was up nea
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Business Insider5 charts that definitively prove oil is toastBusiness InsiderAs Gundlach sees it, the oil market is still facing a massive supply overhang while demand hasn't kept up. Additionally, the Fed's easy money policies allowed speculative
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CNBCRussia starts to feel the pain of $30 oilCNBCRussia should consider selling state banking assets as plunging oil prices continue to batter the recession-hit country's government budget, Russian Economy Minister Alexei Ulyukayev said on Wednesday. S
Admin 13.01.2016 0 69