Most Read Posts
The $30 Oil Cliff That Economists See Threatening Russia in 2016
©2015 Bloomberg News NYL2V4SYF01S (Bloomberg) — For Russia, $30 is the number to watch. Crude prices at that level will push the economy to depths that would threaten the nation’s financial system, according to 63 percent of respondents in a Bloomberg survey. Lower prices for the fuel are next year’s
Oil Closes Near $51 as Kuwait Said to Cut Sales to U.S., Europe
published Dec 15th 2016, 3:51 pm, by Mark Shenk (Bloomberg) —Oil settled near $51 a barrel in New York as Kuwait was said to make bigger supply cuts to U.S. and European customers. Crude pared losses after earlier falling 2.1 percent as the dollar advanced after the Federal Reserve raised
