Posts Tagged ‘Adam Sieminski’

Oil Prices Under 40$

January 12th, 2009

COLUMBUS, Ohio (AP) — Oil prices dipped below $40 per barrel Friday for the first time this year as the government reported the nation’s worst annual job losses since World War II.
People are traveling less, manufacturers are slashing production and there are job cuts across almost every sector of the economy, leading to a severe [...]

Oil Closes Below $50, Lowest Price Since May 2005

November 21st, 2008

Oil Closes Below $50, Lowest Price Since May 2005
After rising to dizzying heights this summer, the oil market is suffering a hair-raising drop with no apparent end in sight.
Oil prices fell to their lowest level in more than three years, falling below $50 a barrel on Thursday, after shedding close to $100 in four months [...]