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TIMEOil Extends Gains From 6-Year Low; Strike Boosts GasolineBloomberg(Bloomberg) -- Oil extended a surge from the lowest level in almost six years on speculation some investors are buying contracts to close out bearish bets. Gasoline rose as a refinery st
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CBC.caOil matters until it doesn't, says Ottawa. That's not Alberta's viewCBC.caOil matters — until it doesn't. It mattered a lot in June of last year, a short seven months ago. Joe Oliver, the federal finance minister stood at a podium in
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CBC.caFalling oil prices put extra pressure on OPECCBC.caOPEC may appear unflinching in its resolve to keep pumping barrels into the global oil market, but not everyone is certain the 55-year-old cartel will manage to hold together if oil prices keep falli
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Alaska faces lean budget times as oil prices plungeLynchburg News and AdvanceJUNEAU, Alaska (AP) — After years of being flush with oil money, Alaska now faces drastic budget cuts and having to dip into well-stocked savings to offset unprecedented deficits
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Alaska Faces Lean Budget Times as Oil Prices PlungeABC NewsAfter years of being flush with oil money, Alaska now faces drastic budget cuts and having to dip into well-stocked savings to offset unprecedented deficits exacerbated by an unexpected plunge in o
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CBC.caJoe Oliver says $1.6B surplus takes falling oil prices into accountCBC.caFinance Minister Joe Oliver says the government is confident it can balance the next federal budget without scaling back on new tax measures and still turn up a small surplus, d
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With low oil, gasoline prices, is Keystone still necessary?Washington PostWASHINGTON — A 50-percent plunge in the price of crude oil, resulting from abundant global oil supplies, and cheaper gasoline at the pump raise critical questions about whether the K
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MiamiHerald.comAsia stocks boosted by US economic data, oil steadyingMiamiHerald.comENERGY: U.S. crude oil was higher after diving to near a six-year low earlier in the week. The plunge in oil prices the past three months has unnerved markets as it suggest
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Los Angeles TimesAsia Stocks Boosted by US Economic Data, Oil SteadyingABC NewsAsian stock markets mostly rose Thursday, boosted by positive economic news from the U.S. and stabilization in oil prices after sharp falls. KEEPING SCORE: It was the second day
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Sydney Morning HeraldCiti slashes profit forecasts for oil producersSydney Morning HeraldCitigroup has dramatically slashed its forecasts for crude oil prices, triggering a massive hit to earnings estimates for some Australian oil and gas producers and pus
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