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Proactive Investors UKCrude Oil Is Getting HammeredBusiness InsiderWednesday also saw the release of the latest crude inventory report from the EIA, which showed that US crude oil inventories rose by 8.9 million over the previous week. In its report, the E
Admin 29.01.2015 0 117

Financial PostCenovus slashes 2015 spending by additional $700-million on low oilThe Globe and MailCenovus Energy Inc. is making additional cuts to its capital spending as it prepares for the possibility of continued low oil prices through 2015. The oil-sa
Admin 28.01.2015 0 79

CNNMoneyBond king: Oil won't go back to $90 this yearCNNMoneyWhere's oil going next? Some believe oil could quickly rebound from its current level of $45. T. Boone Pickens, the oil tycoon, told CNBC in late December that Brent crude (the global ben
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The Daily AdvertiserOil price plunge imperils La. jobs — but when?The Daily AdvertiserJob losses due to sinking oil prices may plague Louisiana — but not yet. Rumblings about such jobs at risk reverberated around neighboring Texas last week, based on a Fed
Admin 08.01.2015 0 107

Sydney Morning HeraldOil plummets, but don't expect lower fares soonSydney Morning HeraldOil prices may have plunged to near six-year lows, but travellers are unlikely to see Qantas or Virgin Australia rush to slash fares any time soon – or lower their
Admin 08.01.2015 0 118

How low can we go? Picking the price of oilHellenic Shipping News WorldwideTrying to pick the bottom of oil's surprise price plunge may be tougher this time around, with analysts turning to non-traditional indicators to make predictions. “Normally, whe
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CNNMoneyBig Oil loses $200 billion from oil price crashCNNMoneyNo one expected this: All of the blame goes to the unexpected meltdown in oil. Between 2012 and 2014, oil rarely left its comfort zone of $90 to $110 a barrel. Falling below $50 was almost unth
Admin 07.01.2015 0 199

Globalnews.caCheap oil could help Canadian economy: RBCGlobalnews.caA new bank forecast argues the financial blows of low oil prices on the Canadian economy could be more than cancelled out by the weaker loonie and additional consumer spending on both side
Admin 05.01.2015 0 77