oil price cut


World oil prices reached a seven month high

World oil prices reached a seven month high as traders expect decline in US inventory, production problems in Nigeria and the wildfires that interrupted oil production in Canada. Crude prices plunged to a 13 year…


The Global Economy Is in a ‘Death Spiral’

Weeks after the Royal Bank of Scotland advised its investors to “sell everything,” Citi has decided to provide its own clients with fodder for a panic attack. In a report released Thursday, the bank warned…



Shell Reducing Headcount by 10,000

Shell confirmed this morning in its 4Q15 report its previous announcement that it is reducing its headcount by about 10,000. The 10,000 Job Cuts Are Not “New News”. Source: Read more



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