crude oil

Big Oil to Cut Investment Again in 2016

By Karolin Schaps and Ron Bousso LONDON, Jan 3  – With crude prices at 11-year lows, the world’s biggest oil and gas producers are facing their longest period of investment cuts in decades, but are expected to borrow more to preserve the dividends demanded by investors. At around $37 a barrel, crude prices are well

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Paris Attacks Reverse Global Market Losses

LONDON, Nov. 16 – European shares reversed early losses on Monday and the safe-haven yen fell against the dollar with no long-term economic impact seen from Friday’s attack in Paris. Asian shares hit six-week lows as investors bought into traditionally safe investments, including gold, the yen and low-risk government debt. However, gold came off session

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