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Wall Street JournalOil-Drop Pain Spreads to Saudi Arabia's Energy BehemothWall Street JournalSaudi Arabia's refusal late last year to rein in oil production helped trigger the price crash that has hurt oil-producing countries and publicly listed en
Admin 21.02.2015 0 129

Asbury Park PressNew Jersey will get public hearing on oil drillingAsbury Park Press“Oil drilling in the Atlantic would put New Jersey's shore communities and our state's economy at significant risk,” Pallone said. “And those who will be most serio
Admin 21.02.2015 0 117

FT.com (registration) (blog)Guest post: reforming the Nigerian economy in the era of low oilFT.com (registration) (blog)The stickiness of oil dependence is a symptom of a general malaise: high levels of corruption which makes transparency very difficult. T
Admin 20.02.2015 0 123

Edmonton JournalOil Crashes Below $45 For The First Time In 6 YearsBusiness InsiderThe price of West Texas Intermediate oil slumped below $45 for the first time since 2009 on Tuesday. On Monday, WTI fell 5%, and as of 8:05 am ET on Tuesday it was already d
Admin 13.01.2015 0 125

BloombergOil Below $45 For The First Time In 6 Years As UAE Oil Minister Says Opec Can ...Business InsiderThe price of West Texas Intermediate oil just slumped below $45 for the first time since 2009. It fell 5% on Monday, and as of 11:37 a.m GMT (6:37 a.m
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DailyFinanceWith Oil Prices So Low, Are Oil Stocks a Good Investment?DailyFinanceIf you are looking for stocks that you can "buy low," the oil sector warrants some attention. Over the past six months, Energy Select Sector SPDR (XLE) -- an exchang
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Business InsiderThe Ruble Is Tumbling Further Along With Oil PricesBusiness InsiderMoscow (AFP) - The Russian ruble tumbled against the dollar and the euro for the second day in a row on Tuesday, punished as oil prices plunged further. The ruble was worth
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GLOBAL MARKETS-Oil slide hits energy shares but Alcoa cheers someYahoo Finance UKLONDON, Jan 13 (Reuters) - Oil prices slid on Tuesday to their lowest in almost six years, depressing energy shares but cheering those investors who focused on stocks seen as
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BloombergOil Drops Below $45 as U.S. Stockpiles Seen Worsening CollapseBloombergOil extended losses to trade below $45 a barrel amid speculation that U.S. crude stockpiles will increase, exacerbating a global supply glut that's driven prices to the low
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Washington Post (blog)Here's why the price of oil is dropping so fastEconomic TimesU.S. domestic production has nearly doubled over the last six years, pushing out oil imports that need to find another home. Saudi, Nigerian and Algerian oil that once f
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