Tag: crude

1) The Ford Motor Co. has ended its joint venture of electric vehicles with China’s auto maker Zotye, a company with financial troubles so severe that it’s fighting for survival.…

1) The price of oil advanced as shrinking U.S. crude inventories added to expectations of a tighter global supply outlook after Saudi Arabia surprised the markets by pledging to reduce…

1) Oil and gas companies are bringing record level of debt to bankruptcy court, making this year the worst oil bust in decades. Companies have brought $89 billion dollars of…

1) Bill Gates, the co-founder of Microsoft is stepping down from the company’s board of directors, which makes it the biggest boardroom departure in the tech industry, since the death…

1) The drug maker Moderna Inc. has shipped its first batch of coronavirus vaccine to U.S. government researchers for human testing. The government will test if the experimental shot can…

1) The Permian Basin continues to experience difficulties producing oil, becoming increasingly gassy as drilling slows down. This undercuts profits for producers at a time when investors are demanding better…

1) There are expectations that global growth will slow this year to a rate that can become a financial crisis. The Organization for Economic Cooperation and Development claims new data…

By: Economic & Finance Report The stock market reacted wildly Friday October 28, 2016. New revelations on Secretary Hillary Clinton’s emails, sent the markets on a roller coaster Friday. FBI…

By: Economic & Finance Report Opec may soon be curbing oil prices, after releasing extensive amounts of oil for the past two years, without limitations. Opec is negotiating with Iran…

By: Economic & Finance Report Wall Street gained today heavily because of rallying support of crude oil prices and energy stocks that attributed to enormous rise. The Dow erased loses…