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CNNMoneyCheap oil has killed nearly 200000 U.S. jobsCNNMoneyCheap oil has fueled a massive wave of job cuts that may not be over yet. Since oil prices began to fall in mid-2014, cheap crude has been blamed for 195,000 job cuts in the U.S., according to a r
Admin 05.08.2016 0 63

Business InsiderOil broke below $40 againBusiness InsiderOil went below the psychologically important $40 a barrel mark again this morning — maintaining the dip it suffered on Monday. WTI crude was at $39.95 a barrel as of 9:45 a.m. GMT (5.45 a.m. ET) on T
Admin 02.08.2016 0 82

CNBCKilduff: Four-letter word that sums up the oil market right nowCNBCAfter peaking in early June, near $52, WTI oil prices have fallen upwards of twenty percent, getting under $41 per barrel, for a time, on Friday. There were several supply issues that r
Admin 01.08.2016 0 60

CNBCWhy oil will drop to $35 by end of summer: Kilduff—commentaryCNBCThe state of the oil market these days can be summed up in a four-letter word—no, not one of those salty terms, but a powerful, unoffending term: glut.and more » Read more http
Admin 01.08.2016 0 64

New York TimesGloomy Days in the Oil Patch, but Some See a Glimmer of LightNew York TimesBut that was before the collapse of oil prices, which despite a recent upturn from February lows, are still nowhere near their 2014 levels. Because of slumping world d
Admin 30.07.2016 0 57

The Globe and MailThe glut strikes back as oil returns to brink of bear marketThe Globe and Mail“The tables are turning on the bulls, who were prematurely constructive on oil prices on the basis the re-balancing of the oil market was a done deal,” said Har
Admin 29.07.2016 0 102

BloombergThe Glut Strikes Back as Oil Returns to Brink of Bear MarketBloombergThe bullish spirit that gripped oil traders as industry giants from Saudi Arabia to Goldman Sachs Group Inc. declared the supply glut over is rapidly ebbing away. Oil is poised f
Admin 29.07.2016 0 67

BloombergGoldman Sees Russian Oil Output Topping Soviet Record by 2018BloombergProduction will climb by 590,000 barrels a day over the next three years to 11.65 million barrels a day, Goldman Sachs analysts wrote in research note dated Tuesday after visiti
Admin 20.07.2016 0 31

CNBCOil settles at lowest since May 9 ahead of stockpile dataCNBCA protest over wages that shut the eastern Libyan oil terminal of Hariga and forced a suspension of 100,000 barrels per day of crude production also helped the market limit losses, traders sa
Admin 20.07.2016 0 24

CNBCOil down, glut eyed as markets await government inventory reportCNBCOil prices fell as much 1 percent for a second day in a row on Tuesday as a rallying dollar and a global fuel glut offset forecasts for lower U.S. crude stockpiles that typically would
Admin 20.07.2016 0 32