This RSS feed URL is deprecated

Why crude oil prices keep falling and falling, in one simple chart - Vox

People are literally throwing barrels off a plank. That's what it's come down to. (archigraf/Shutterstock). For the last two years, global oil prices have been in free fall, and no one seems to know when the bungee cord will catch. In June 2014 you had ...and more »

Oil Prices Tumble Below $30 a Barrel - Wall Street Journal

Oil prices settled below $30 a barrel on Friday for the first time in 12 years as turmoil in Chinese markets and the expected increase in Iranian crude exports added to concerns that a global glut will linger. Light, sweet crude for February delivery ...and more »

Oil Prices Slide Again, and the Bottom Is Not Yet in Sight - New York Times

The continuing collapse in commodity prices pushed oil futures still lower Monday, and analysts predicted that the slide was far from over. Oil prices fell to their lowest level in 12 years, with futures of West Texas intermediate crude for February ...and more »

Oil could crash to $10 a barrel, warn investment bank bears - Telegraph.co.uk

Oil prices have crashed to below $30-a-barrel amid warnings the rout could reach as low as $10 and bring down petrol prices to levels last seen in 2009. Standard Chartered became the latest major bank to downgrade its oil outlook to $10, joining the ...and more »

The Hidden Risk of Plummeting Oil Prices: War - The Nation.

Oil workers gather at an oil refinery south of Tehran in Iran. (AP Photo / Vahid Salemi, File). As 2015 drew to a close, many in the global energy industry were praying that the price of oil would bounce back from the abyss, restoring the petroleum ...and more »

As Iran Prepares to Sell Its Oil, Officials Look at Ways to Bolster the Price - Wall Street Journal

Oil prices settled below $30 a barrel for the first time in 12 years as traders braced for an influx of crude from Iran at a time when the market already is grappling with a global supply glut. Iranian officials are hammering out detailed plans for how ...and more »

'Sell everything!' Dire warning from Royal Bank of Scotland as fears mount that markets are set for new crash and ... - Daily Mail

RBS urged investors to sell everything amid warnings that oil prices could fall to the lowest level in 17 years which may spark a meltdown as severe as the 2008 financial crisis. The bank told investors stock markets could fall 20 per cent this year as ...and more »

Oil crashes to $30 a barrel - CNNMoney

Oil plummeted below $30 a barrel on Tuesday for the first time since December 2003. The latest wave of selling leaves crude oil down 19% this year alone. It represents an incredible 72% plunge from crude oil's June 2014 peak of almost $108. "The ...and more »

There will be chaos: Big Oil's collapse and the birth of a new world order - Salon

Barrel prices have completely cratered. With alternative energies on the rise, geopolitics may never be the same. Michael Klare, TomDispatch.com2016-01-14T22:28:00Z•2016-01-14T22:28:00Z•0 Comments. 0 Comments. This piece originally appeared on ...and more »

Bounce in oil prices lifts energy shares, US stocks - Reuters

People walk through the lobby of the London Stock Exchange in London, Britain August 25, 2015. REUTERS/Suzanne Plunkett. NEW YORK (Reuters) - The energy sector led the beaten-up U.S. stock market higher on Thursday as oil prices rebounded from 12-year ...and more »