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Daily chartThe Economist (blog)THE price of Brent crude oil briefly dipped below $50 a barrel this morning, territory last seen in May 2009 when the world economy was still in deep trouble following the global financial crisis. Oil has fallen by around 55%
Admin 08.01.2015 0 111

INFORUMOil baron Harold Hamm offers $975 million divorce check; ex-wife rejects itINFORUMThe dueling appeals are the latest twist in one of the largest divorce cases in U.S. history. The contest pitsAmerica's biggest owner of oil against an attorney ex
Admin 08.01.2015 0 178

Big Oil loses $200 billion from oil price crashErieTVNewsNo 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 unthinkabl
Admin 07.01.2015 0 96

BBC NewsOsborne: 'Let families benefit' from low oil pricesBBC NewsChancellor George Osborne has warned that it is "vital" for the fall in oil prices to be passed to consumers. Mr Osborne tweeted that they should feel the benefit not only
Admin 07.01.2015 0 107

Milwaukee Journal SentinelInvestors seek refuge in bonds as the price of oil continues to collapse ...Minneapolis Star TribuneNEW YORK — The U.S. economy ended last year on a tear, but financial markets are saying the outlook for this year is less bright.
Admin 07.01.2015 0 111

Boston Globe5 Ways A Low Oil Price Affects The Global Political LandscapeBusiness InsiderOil prices are low and continuing to slide. This is obviously a huge markets story, but it's also a geopolitical story. Business Insider talked to Michael Levi, th
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Center for Research on Globalization5 Ways A Low Oil Price Affects The Global Political Landscap...Business InsiderOil prices are low and continuing to slide. This is obviously a huge markets story, but it's also a geopolitical story. Business Insider
Admin 07.01.2015 0 118

BusinessweekCrude Oil Breaks $49Business InsiderOil is still falling Tuesday morning, with West Texas Intermediate crude breaking $49 a barrel this morning after cracking the $50 mark for the first time since April 2009 on Monday. Brent crude, the internat
Admin 06.01.2015 0 67

Jackson Clarion LedgerStocks plunge as oil fallsJackson Clarion LedgerThe price of oil has been falling since last summer amid mounting evidence that the world is oversupplied after a surge in U.S. production. After six months of falling prices, investors
Admin 06.01.2015 0 114

Sydney Morning HeraldOil's price fall not good for allSydney Morning HeraldThe 50 per cent plunge in oil prices since June has many cheering, from motorists enjoying the cheapest fuel in years to politicians spruiking that cheaper crude will help econo
Admin 06.01.2015 0 112