Oil Falls to Five-Year Low on Global Supply Glut
West Texas Intermediate dropped 2% in late-December, and Brent crude declined 2.6%
Russian Rate Jump Fails to Stop Ruble Crash
The ruble plummeted into a freefall on Tuesday, losing as much as 19 percent as panic swept across Russian financial markets.
Oil Slump Blindsides Bulls That Wagered on Rout Ending
“A number of investors think we’re close to the bottom,” says Michael Lynch, president of Strategic Energy and Economic Research.
Oil Price Plunge Creates New Winners, Losers
Market shifts amid energy upheaval.
Best Finance Tweets of the Month: November
Credit cards for communists, cow cartels and an Anthony Wiener moment from a Twitter exec.
3 Takeaways From Oil’s Price Swoon: Searching for Alpha for December 2014
Are lower prices a boon or a bust for the economy and markets? Plus, how the indexes performed in November.
Should Investors Take Advantage of Cheap Oil?
Low energy prices have many positive ramifications for the economy, forecasts from LPL and Janney Montgomery Scott say.
Brent Crude Futures Rise From 4-Year Low; WTI Oil Rebounds
Brent crude climbed from the lowest level in almost four years on speculation prices decreased more than justified.
S&P 500 Pares Biggest Loss Since 2011; Bonds Trim Rally
Jittery markets go through wild ride but recover at close. S&P lost 3% but ended day down 0.8%.
Energy: Powerful Production
On August 5, Southwest Gas Corp reported second quarter earnings of $0.21 per share vs. $0.22 per share last year. Excluding COLI, earnings were $0.16 per share versus $0.18 per share.