Oil prices have been crashing for months, dragging the entire stock market down with them.
The post Oil Prices Slide so Far Some Crude Is Now Worth Literally Less than Nothing appeared first on The Anti-Media.
Peter B. Collins Presents Antonia Juhasz (updated Jan 9)
On December 11, 2014, the US House passed a bill repealing the Dodd-Frank requirement that risky derivatives be pushed into big-bank subsidiaries, leaving our deposits and pensions exposed to massive derivatives losses. The bill was vigorously challenged by Senator Elizabeth Warren; but the tide turned when Jamie Dimon, CEO of JPMorganChase, stepped into the ring. […]
RT | November 24, 2014 Russia is losing around $40 billion a year due to Western sanctions, but they are not as critical to the economy as lower oil prices, which add $90-100 billion in losses, says Russian Finance Minister Anton Siluanov. “We lose about $40 billion a year because of the political sanctions and […]
MEMO | November 25, 2013
Oil prices dropped on Monday morning in Asia’s exchange markets after Iran and world powers reached an agreement over Tehran’s nuclear programme. Iran holds the fourth largest oil reserves in the world. Brent price fell by 2.26 per cent, or $2.51 down to $108.54 per barrel, while US light sweet crude fell by 89 cents to $93.95 per barrel (a less than one per cent decline).
