Why plunging oil prices now hurt—yes hurt—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://news.google.c …

Why plunging oil prices now hurt, yes hurt, 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 business outweig …

Wall Street JournalUS Oil Prices Fall to Lowest Since AprilWall Street JournalEIA reports: Dragging oil prices lower Thursday after declines the previous three sessions were a pair of bearish reports released Wednesday by the Energy Information Administrat …

Wall Street JournalU.S. Oil Prices Fall to Lowest Since April - WSJWall Street JournalU.S. oil prices fell to their lowest intraday level since April as surging U.S. oil production and rising inventories spark concerns of a return to a global oil surplus.E …

Wall Street JournalOil Hits Lowest Intraday Level Since AprilWall Street JournalEIA reports: Dragging oil prices lower Thursday after declines the previous three sessions were a pair of bearish reports released Wednesday by the Energy Information Administr …

LivemintIMF estimates higher crude oil prices may not have any significant impact on India's GDPLivemintAccording to the International Monetary Fund (IMF), the impact of higher oil prices on India's gross domestic product may not be all that much t …

BloombergOil Declines as Spare US Supplies Menace OPEC's Anti-Glut PlanBloombergOil dropped as expanding U.S. stockpiles knocked the steam out of the OPEC-led effort to drain a worldwide glut. Crude lost as much as 1.4 percent on Wednesday in New York. …

The Oil Bubble Has Burst. What Now?OilPrice.comThose analysts who warned that oil prices can't go on rising forever now have the chance to tell everyone else “I told you so.” Brent and WTI have fallen by 9 percent since the highs they hit in late Janua …

The GuardianUK trade deficit grows as oil price rise pushes up cost of fuel importsThe GuardianBritain's trade position with the rest of the world worsened in December as rising global oil prices pushed up the cost of importing fuel, while the continui …

The GuardianUK trade deficit grows as oil price rise pushes up cost of fuel imports ...The GuardianDecember figures 'pretty poor' given weakness of pound since Brexit vote, City analysts says.and more » Read more http://news.google.com/n …