• Morning News: December 27, 2018

    5 monthes ago - By Crossing Wall Street

    Range Resources Is Positioned To Take Advantage Of An Increase In WTI Crude Price
    Oil Slips Back Toward 18-Month Lows on Oversupply
    In Booming Oilfield, Natural Gas Can Be Free
    China Heads Into Trade Talks Bracing for More U.S. Demands
    India Curbs Power of Amazon and Walmart to Sell Products Online
    As Credit Losses Pile Up, One Bond Guru Dismisses Crisis Talk
    U.S. Commerce Department Won't Publish Economic Data During Shutdown
    Qualcomm Gets Jury in FTC Case That Threatens Its Smartphone Dominance
    White House Considers New Year Executive Order to Bar Huawei, ZTE Purchases
    Activist Fund...
    Read more ...

     

  • Oil prices fall back towards 18-month lows

    5 monthes ago - By ETF Daily News

    From Reuters :
    Oil prices reached multi-year highs in early October but have fallen about 40 percent since then and are now approaching their lowest levels for 18 months.
    Brent is heading for losses of almost 30 percent this year while the U.S. contract has dropped almost 25 percent.
    Oil prices fell on Thursday after rebounding 8 percent in the previous session, as worries over a glut in crude supply and concerns over a faltering global economy pressured prices.
    Brent crude oil was down $1.50, or 2.8 percent, at $52.97 a barrel by 11:27 a.m. ET. U.S. light crude oil was $1.01 lower at...
    Read more ...