Archives for December 2018
Oil’s turbulence shows little sign of sading as risks prevail
A key volatility gauge soared to the highest in more than a month as crude became increasingly entangled with other financial markets. Source: FuelFix
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Fed says Texas job growth will take hit if the oil rout drags on
Job growth in Texas will likely weaken in the first half of 2019 if oil prices remain at current levels, according to the Federal Reserve Bank of Dallas. Source: FuelFix
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Oil sell-off is deepest tofFollow an OPEC cut in a decade
Crude’s recent sell-off is a grim reminder that OPEC’s management of the oil market isn’t foolproof. Source: FuelFix
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Oil roller-coaster ride turns lower
Crude’s rollercoaster ride pressed on with oil taking a turn lower along with U.S. stocks. Futures in New York fell as much as 2.8 percent on Thursday. Source: FuelFix
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U.S. shale's blows leave Middle East producers staggering
The U.S. oil industry is delivering a one-two punch to Middle East producers already reeling from a collapse in prices. Source: FuelFix
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