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Crude oil prices drift lower

Crude oil prices fell back into negative territory Friday after midweek gains following status quo statements from OPEC and little gains in the eurozone.

Brent crude oil prices… 61 more words

Crude Oil Prices


Brent crude oil prices moved slightly lower in early Friday trading to sell at $53.10 per barrel. West Texas Intermediate, the U.S. benchmark, followed suit to fall modestly to $48.18. 93 more words


Energy Companies Face "Come-To-Jesus" Point As Bankruptcies Loom

Last week, amid a renewed bout of crude carnage, Morgan Stanley made a rather disconcerting call on oil. 

“On current trajectory, this downturn could become worse than 1986: An additional +1.5 mb/d is roughly one year of oil demand growth. 623 more words


Massachusetts Gas Prices Down Another 3 Cents

BOSTON (AP) — Massachusetts drivers are getting more relief at the pump, with the average cost of a gallon of gas down another 3 cents thanks to lower crude oil prices. 81 more words


China Stocks Make Biggest Daily Gain in Six Years

Asia: Investors begin to gain confidence in Beijing’s moves to stem selloff as Chinese regulators boost scrutiny of short selling

By Gregor Stuart Hunter

The Wall Street Journal. 874 more words

Nigeria: Muhammadu in effect?

Can President Muhammadu Buhari catch a break? Barely a month after assuming office and more than a few Nigerians are already bemoaning his lack of grandstand initiatives and his calls for patience while he assesses the economic, legal, financial, and infrastructural landscape. 640 more words


Crude Prices Fall on Greece, Iran Nuclear Talks



Crude oil fell about 2 percent on Friday, the first decline after three days of gains, as worries over the Greek fiscal crisis, weaker oil products prices and pre-weekend profit taking undercut the market. 390 more words