Tags » Crude Prices

Crude Plunge Sends Energy Stocks Soaring ~ ZeroHedge

Ed. Note: WTF? Everything’s turned inside out and upside down.

So, now that oil prices are lower, when are we going to see retail prices lower to reflect decreased shipping costs? 73 more words

News And Politics

Norwegian oil exports plunge as crude crisis hits

Norway’s Statoil drilling rig Aker Barents in the Barents Sea

OSLO (AFP) – Norway’s oil exports have plunged by more than a half since early 2014, authorities said Monday as deeply depressed crude prices dragged down the wealthy country’s trade surplus. 158 more words

Oil May be Dropping, but Cappuccino is Doing Well

All this energy people put into talking about oil prices! It’s a sorry waste of time, and, even worse, I think they are losing sight of important facts in the whole commodities debate. 1,358 more words

Opinions

Raghuram Rajan's interest rates cut won't kickstart India's economy on its own

After 22 months, India’s central bank has finally decided to cut interest rates by 25 basis points to 7.75%.

The Reserve Bank of India (RBI) had last cut rates in March 2013—and then held its ground to try and contain India’s sticky inflation problem. 505 more words

Oil Prices Rise as Conflict Rocks Libya

Oil prices jumped as markets opened on Monday morning, after falling during two consecutive sessions, as ongoing hostilities between militants and government forces stoked concerns about crude supplies from the North African nation. 88 more words

Oil Rebounds From Five-Year Low as Saudi Comments Add Volatility

Crude prices in London and New York rebounded from the lowest closing levels since May 2009 as comments from Saudi Arabia’s oil minister yesterday added to the most-volatile market in three years. 190 more words

Trending News

Continued drops in oil prices won't slow Southern Illinois fracking

As oil indexes continue to trend downward many are wondering if this will spell disaster for the hydraulic fracturing boom long awaited by many Southern Illinois residents. 202 more words