Oil price crash: Saudis told to embrace austerity as debt defaults loom – Telegraph.co.uk


Telegraph.co.uk
Oil price crash: Saudis told to embrace austerity as debt defaults loom
Telegraph.co.uk
During the world’s last major oil price crash in 1986, 17 out of 25 of the developing world’s major oil producers defaulted on their debts, according to research from Oxford Economics. Debt mountains in producer nations ballooned by 40pc of GDP on average.

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Crude Oil Prices 2016: What to Expect – Motley Fool


Motley Fool
Crude Oil Prices 2016: What to Expect
Motley Fool
Crude oil prices have been incredibly volatile since the summer of 2014, and predictions of where it’s going in 2016 range from $20 to $100 per barrel. What should you be expecting? Here are a few things to keep in mind. Matt DiLallo: About the only
Oil price: ‘rumours could move market 15 per cent’The Week UK
Are Russia and OPEC Forging an Unholy Alliance to Boost Oil Prices? Not LikelyVICE News
Oil price jumps as Russia hints at production cutsThe Guardian
OilPrice.com –Telegraph.co.uk –CNBC
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More than 60000 Texas oil and gas workers out of work, and counting – mySanAntonio.com (blog)


mySanAntonio.com (blog)
More than 60000 Texas oil and gas workers out of work, and counting
mySanAntonio.com (blog)
More than 60,000 oil and gas workers in Texas have been thrown out of work by the slump in crude oil prices. The Texas Alliance of Energy Producers this week released an outlook for 2016 that looks grim, and includes the expectation that more employees …

North Sea oilfield services company Proserv takes heavy credit ratings hit – Telegraph.co.uk


Telegraph.co.uk
North Sea oilfield services company Proserv takes heavy credit ratings hit
Telegraph.co.uk
S&P said: “Proserv offers products and services covering many stages of the oil and gas delivery cycle, a relatively diverse customer base, and leading positions in several niche markets across many regions. “However, the lack of long-term contracts

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Oil price: 'rumours could move market 15 per cent' – The Week UK


The Week UK
Oil price: ‘rumours could move market 15 per cent’
The Week UK
Nikolai Tokarev, the head of Russian oil pipeline monopoly Transneft, said “an oil executives and government officials meeting in Moscow on Tuesday had reached the conclusion that talks with Opec were needed to shore up the oil price“, says CNBC. Saudi …
Oil price steadies after falling below $28 a barrelBBC News
$20 Oil No Longer Seen As Good For The EconomyOilPrice.com
Oil price woes deepen as Iran vows to add 500000 barrels a dayThe Guardian
Wall Street Journal –Telegraph.co.uk –DailyFX
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Oversold Oil Markets Rally On Rumors Of OPEC Cut – OilPrice.com


OilPrice.com
Oversold Oil Markets Rally On Rumors Of OPEC Cut
OilPrice.com
Saudi Arabia’s foreign exchange reserves continue to dwindle from low oil prices. In December alone, Saudi Arabia exhausted $19 billion from its cash reserve war chest, bringing the estimated total down to $608 billion. The oil kingdom lost $115
Oil price jumps as Russia hints at production cutsThe Guardian
Oil rises, pares losses in January on hopes for production dealCNBC
Hopes of Saudi-Russian entente sends oil price rocketingTelegraph.co.uk
International Business Times –BDlive
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As oil prices sink, airline profits soar – USA TODAY


USA TODAY
As oil prices sink, airline profits soar
USA TODAY
It’s official. The plunge in fuel prices helped make 2015 the most profitable year for the U.S. airline industry, at least since deregulation in 1978. . Southwest, which capped off the year with a fourth-quarter profit of $536 million, says 2015 was
As Oil Prices Plunge, Airline Profits Soar As Companies Make More Money Off PassengersInternational Business Times

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Stocks close higher, lifted by energy and technology companies – Los Angeles Times


Los Angeles Times
Stocks close higher, lifted by energy and technology companies
Los Angeles Times
U.S. stocks rose Thursday as the price of oil climbed for the third day in a row while key oil-producing nations discussed cuts in production. Tech and consumer stocks traded higher, led by Amazon and PayPal, while drugmakers fell. Facebook made its …
United States stocks rise as oil price recovery continues; tech jumpsKGO-TV
US stocks move up as energy and technology companies riseMadison.com
US Stocks Rise as Oil Prices Jump Again; Tech ClimbsABC News
Fort Worth Star Telegram
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A year after major oil field layoffs in the Coastal Bend and residents remain hopeful – KRIS Corpus Christi News


KRIS Corpus Christi News
A year after major oil field layoffs in the Coastal Bend and residents remain hopeful
KRIS Corpus Christi News
It’s been just over a year that companies like Weatherford began laying off it’s employees here in the Coastal Bend and it seems the conditions remain the same as gas prices continue to drop. To some consumers, that’s great news but to those oil field

Hopes of Saudi-Russian entente sends oil price rocketing – Telegraph.co.uk


Telegraph.co.uk
Hopes of Saudi-Russian entente sends oil price rocketing
Telegraph.co.uk
Intraday prices rocketed in mid afternoon trading on the hopes of a Saudi-Russian entente, before falling back to $34 after Opec refused to confirm or deny the reports. • Oil could crash to $10 a barrel, warn investment bank bears. Russia is the
Confusion On Saudi Proposed Production Cut See Oil Prices SpikeOilPrice.com
Oil prices jump as Russia hints at production cutsThe Guardian
Oil price: Russia blinks first – is this the end of the slump?The Week UK
CNBC –TheStreet.com –International Business Times
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This oil producing country may need a bailout – CNNMoney


CNNMoney
This oil producing country may need a bailout
CNNMoney
The oil producing central Asian country has been slammed by the oil price crash and is now considering asking for an international bailout. Experts from the International Monetary Fund arrived in the capital Baku on Thursday to find out just how bad
Falling oil price raises prospect of bailouts for crude producersFinancial Times
Currencies Under Deeper Pressure From Rout In CommoditiesOilPrice.com

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US Stocks Rise as Oil Prices Jump Again; Tech Climbs – ABC News


New York Times
US Stocks Rise as Oil Prices Jump Again; Tech Climbs
ABC News
U.S. stocks rose Thursday as the price of oil climbed for the third day in a row on hopes that major oil exporters would cut production. Tech stocks traded higher, led by Facebook and PayPal, while drugmakers fell. Facebook made its biggest leap in two
US stocks rise as oil price recovery continues; tech jumpsColorado Springs Gazette
United States stocks rise as oil price recovery continues; tech jumpsKGO-TV
Stocks close higher, lifted by energy and technology companiesLos Angeles Times

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Wall Street rebounds as oil prices climb – Financial Times


Financial Times
Wall Street rebounds as oil prices climb
Financial Times
US stocks enjoyed a solid bounce as rising oil prices continued to offer support, although there was some unease as participants weighed up the outlook for Federal Reserve monetary policy and digested economic data and corporate earnings reports.
How The Energy Crash Revealed A Weak Global EconomyOilPrice.com

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Oil price: why we could yet 'see more fireworks' – The Week UK


The Week UK
Oil price: why we could yet ‘see more fireworks’
The Week UK
After one of the strongest ever two-day rallies, the oil price is falling again and ultra-bearish sentiment driven by oversupply concerns has taken hold again. International benchmark Brent crude fell to a near 13-year low last week, close to $27 a
Oil price steadies after falling below $28 a barrelBBC News
$20 Oil No Longer Seen As Good For The EconomyOilPrice.com
Oil price dips below $28 to 13-year low as markets brace for Iranian supplyThe Guardian
Wall Street Journal –Telegraph.co.uk –USA TODAY
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