The plummeting price of oil is still the biggest energy story in the world. It's bringing back cheap gasoline to the United States while wreaking havoc on oil-producing countries like Russia and Venezuela.
CEO’s rebuilding of General Electric still hasn’t satisfied many investors, and now there’s this oil business After more than a decade rebuilding General Electric Co. to be a simpler industrial machine,
Mauricio Cárdenas, Colombia's finance chief, says country is adjusting to new era of lower prices The era of $100 oil is over, according to Colombia's finance minister, who said the country was preparing
Diezani Alison-Madueke is the current president of OPEC and the Nigerian oil minister. She told the FT that if the price "slips any further it is highly likely that I will have to call an extraordinary
NEW YORK (Reuters) - Brent crude oil futures surged 5 percent on Wednesday, after Saudi Arabia’s oil minister said oil demand was growing and data showed Chinese factories were producing more than expected.
Low oil prices spark concern about health of bank growth prospects Calgary, Canada’s fourth-biggest city, with 1.2 million people, is starting to feel the impact of the oil-price collapse. Many companies,
Jump in purchases of less-fuel-efficient vehicles is expected to goose demand If something is cheaper, people will likely buy more of it. That core principle of economics is proving to be especially true