OPEC Oil Decision Could Undercut U.S. Natural Gas Price Surge Yahoo! Finance News(Bloomberg) -- A decision by OPEC and its allies to cut oil output in order to bolster prices could, in an odd market twist, undermine a recent price surge for ... …
South Korean firm proposes building LNG import terminal in Australia reuters.comA South Korea-based company has proposed building a terminal on Australia's east coast to import liquefied natural gas, the fifth proposal for such a project in ... …
Why is Canadian oil so cheap?Financial PostCanadian oil producers have a terrible problem. There's a massive expansion in Canadian oil output but no easy way to get it to market. Now, heavy oil has plunged below $18 a barrel for the first time since 20 …
Why falling oil prices are now a net drag on the US economyMarketWatchPresident Donald Trump on Wednesday touted falling oil prices as a “tax cut for America and the world,” but economists say the shale revolution, which has turned the U.S. back into a maj …
Oil prices bounce off recent lows in AsiaFinancial TimesOil prices climbed on Wednesday, bouncing off recent floors from Tuesday's rout, which saw Brent crude briefly wipe out its 2018 gains. The international benchmark climbed 1.8 per cent in Asia-Pac …
Oil prices slip, and their future is cloudyMarketplace.orgAs stock prices fell today, so did the price of oil. The price of crude has dropped 30 percent since last month amid signs the world economy and oil demand are slowing down. And there's plenty o …
CNBCCramer: Charts forecast further declines for oil prices and stocksCNBC"You have tons of money managers with staggering losses in, say, the oil futures," Cramer said on "Mad Money." "If their investors want out or they just need …
Here's why falling oil prices are now a net drag on 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:/ …
Here's why falling oil prices are now a net drag on 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 busi …