Sep 08, 2020
Global oil prices snapped a two-day decline and rose around 2 percent on Wednesday on hopes prices will recover as energy companies cut production investment to alleviate a glut that has wiped out more than half crude's value since June.Proceed to the page: http://linkis.com/ABUnw
In any logical scenario, supply and demand permutations should drive the price of a commodity up or down as the case may be. However, predicting the price of oil has caught many cold over the years, not least actual physical traders of the crude stuff. At various points in recent history, [...]
Solar power is the technology made use of to harness the sunlight's energy and also make it able to be used. As of 2011, the modern technology created much less than one tenth of one percent of global energy need.
A renewed plunge in oil prices is a worrying sign of weakness in the global economy that could shake governments dependent on oil revenues. It is also a panacea as pump prices fall, giving individuals more disposable income and lowering costs for many businesses.
Despite the Middle-East countries long making headlines for dominating the world’s oil & gas markets, the region’s political economy is changing because of an drastic fall in global oil prices pushing oil-rich powers to rely on international debt markets, sovereign bonds and foreign investment to co
Energy companies led U.S. stocks mostly lower in early trading Friday as the price of crude oil fell and several retailers reported disappointing quarterly results. Utilities and consumer product stocks bucked the broader downward trend. The market was coming off a post-election rally that pushed...
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President Barack Obama has asked two senior Republican senators to travel to Egypt to meet with its military leaders and the opposition, as Cairo's allies struggle with how to address the turmoil convulsing the country.
U.S. stocks ended sharply higher on Monday as signs of progress in developing a COVID-19 vaccine and a spurt of multibillion-dollar deals lifted investor optimism. Conway G. Gittens has the details.
Billionaire activist investor Carl Icahn said on Thursday that it is time for U.S. stock market investors to tread carefully after the run-up on Wall Street.
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