Thursday, October 21, 2021

All posts tagged "oil"

  • Friday’s US Jobs Report: Will Hiring Survive Global Turmoil?

    WASHINGTON – For months, U.S. employers have steadily added jobs even as global growth has flagged and financial markets have sunk. Friday’s jobs report for December may provide some hints of whether that trend can endure. Most...

    • Posted January 8, 2016
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  • UK Warns of ‘Dangerous Cocktail’ of Economic Threats

    LONDON – Britain’s Treasury chief is set to warn Thursday of a “dangerous cocktail” of new threats to the economy, insisting that the country’s robust growth is not immune to troubles from abroad. George Osborne will use...

    • Posted January 7, 2016
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  • Stocks Hit 2-month Lows as Oil Dives and China Worries Flare

    NEW YORK – U.S. stocks tumbled to two-month lows Wednesday as fears about China’s economy slowing down led to more widespread selling. The price of oil plunged to its lowest level since 2008 on the prospect that...

    • Posted January 6, 2016
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  • Survey: Growth at US Services Companies Slowed in December

    WASHINGTON – U.S. services companies grew in December at their slowest pace since early 2014, a private survey found. But the deceleration occurred for a seemingly positive reason: Companies made deliveries faster. The Institute for Supply Management...

    • Posted January 6, 2016
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  • Iran, Saudi Arabia Tensions Can’t Halt Slide in Oil Prices

    DALLAS – Even the escalating tension between Iran and Saudi Arabia, two big oil-producing countries, can’t halt the slide in energy prices. Oil futures spiked briefly on Monday after the news that Saudi Arabia would cut diplomatic...

    • Posted January 5, 2016
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  • Q&A about the Market Turmoil in China and Beyond

    BEIJING – After the Chinese stock market started 2016 with a plunge that unnerved investors globally, here are some questions and answers about the turmoil. — WHY DID THE CHINESE MARKET DROP SO MUCH? China’s main stock...

    • Posted January 4, 2016
  • Uruguay Bailing Out Troubled State Oil Company

    MONTEVIDEO – Uruguay’s congress has approved an $872 million aid package for the country’s debt-ridden state oil company. Sunday’s lower house vote forgives a $622 million debt and enables $250 million in credits from a regional development...

    • Posted January 3, 2016
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  • Trinidad PM Warns Of Hard Economic Times Ahead

    PORT-OF-SPAIN, Trinidad (AP) – Trinidad and Tobago’s leader warned that the Caribbean nation will have to adjust to making do with less amid tough economic conditions including major declines in energy revenue and falling production of natural...

    • Posted December 30, 2015
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  • USVI Legislators to Debate Hovensa Deal With US Equity Firm

    CHARLOTTE AMALIE, U.S. Virgin Islands — Legislators in the U.S. Virgin Islands are debating an $800 million deal that would allow a Boston-based equity firm to operate what was once the world’s largest oil refinery. Senators met...

    • Posted December 29, 2015
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  • Diesel in France Dips Below Symbolic 1 Euro Per Liter

    PARIS – The price of diesel in France has slipped below 1 euro a liter for the first time since 2009 – at the height of the financial crisis. The price drop crosses a symbolic barrier that...

    • Posted December 29, 2015
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