Tagged with "Energy"

Commodities Head for Record Losing Run on Weak Oil and Strong Dollar

Posted on January 9th, 2015 at 11:38 AM
Commodities Head for Record Losing Run on Weak Oil and Strong Dollar

According to Bloomberg News, with weaker oil price and a stronger dollar worldwide, commodities are facing the biggest annual loss since the global financial crisis in 2008.

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Junk Oil Bonds Rely on Banks for Rescue

Posted on December 26th, 2014 at 10:27 AM

As oil prices have dropped as much as 49 percent in 2014, independent oil exploration and production companies are suffering. As their profits decline, those companies heavily are relying upon bank credit line to survive.

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