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Are oil prices heading for a double dip? The surge in shale production has produced a temporary glut in supplies causing oil prices to experience a massive bust. After tanking to a low of $44 per barrel in January, falling rig counts and enormous reductions in exploration budgets have fueled … Read entire story.
Source: OilPrice.com Daily News Update
WASHINGTON (AP) — Average U.S. mortgage rates are near historically low levels.
This morning’s publication of Switzerland’s KOF Economic Barometer revealed an economic outlook that has dipped somewhat since last month’s reading. A combination of economic indicators is now portraying economic conditions slightly more pessimistically than before. The measure only fell by approximately 0.2 points from 1.00 to 0.80, a measure that still falls within…
Energy group’s shares rise on the higher than expected price of its deal with Southwestern