Tags: oil

Oil Price Hits 2015 High: What Does It Mean?

May 7th, 2015
in econ_news

Editor's note: This was written Tuesday night.  On Wednesday WTI advanced as high as $62.06 (but is back to $60.55 in early Thursday trading).  Brent crude remained in the vicinity of $68 for most of the day Wednesday and in early Thursday trading is $67… more »

What Could Lower Prices Mean For U.S. Oil Production?

April 7th, 2015
in econ_news

from the Kansas Fed Oil prices have declined sharply since the summer of 2014, raising questions about whether the boom in oil and gas production can continue. Since 2005, U.S. oil and gas production has increased more than 50 percent. The share of oil… more »

Why is Oil so Volatile?

March 13th, 2015
in News, econ_news, syndication

Chart of the Week 08 March 2015 Written by John O'Donnell, Online Trading Academy How is the economy affected by war? This week we look at 300 years of American history. Stock market history is discussed in the video following the Read more >&g… more »

Plunging Oil Price Job Layoffs Continue

February 2nd, 2015
in econ_news, syndication

from Challenger Gray and Christmas The plunging oil prices are continuing to take its toll. Reuters reports that 94 rigs were shut down last week, the most in a single week since 1987. While companies close off rigs, they also cut jobs. Oil and oil-rel… more »

Falling Oil Prices Cost Jobs, Spell Boon Times Elsewhere

January 22nd, 2015
in econ_news

from Challenger Gray and Christmas The falling price of oil, now at under $50 a barrel for the first time since 2009, has caused a spate of layoff announcements impacting thousands of workers in oil-related industries. Since June 2014, Challenger has t… more »

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