Monday, December 22, 2014 3:17 PM EST

Crude Oil

Crude oil is a naturally occurring, flammable liquid consisting of a complex mixture of hydrocarbons of various molecular weights, and other organic compounds, that are found in geologic formations beneath the earth's surface.

Headlines Around the Web

Exxon petrochemical plant targets Asia

Jan 08 - Financial Times

Nigeria’s missing $50bn oil cash sought

Dec 12, 2013 - Financial Times

U.S. shale to keep lid on oil prices next year

Nov 30, 2013 - Financial Post

Canadian oil output to hit 5.8M bpd by 2035

Nov 23, 2013 - Financial Post

EU refiners burn last barrels as closures loom

Nov 21, 2013 - Financial Post

Crude oil price of Indian basket goes up

Nov 19, 2013 - The Times of India

Articles About Crude Oil

An office worker is reflected in the window of the Australian Securities Exchange building displaying the ASX50 curve for Wednesday in central Sydney August 7, 2013. Australian shares skidded 1.3 percent on Wednesday, its biggest fall in five weeks, hit b
Australian Stock Market Report –Afternoon December 19, 2014

By Comsec

Australian shares completed a trifecta of winning days on Friday, closing around the best levels of the session. Over the course of the last week the ASX 200 has risen by almost 2.3 % , balancing the loss of the pre-ceeding week when the market fell by almost 2. (Dec 19)

MORE TOPICS: CHINA, TWITTER, FACEBOOK, AUSTRALIA, BROADBAND, COPPER

An office worker talks on his phone as he looks the stock board at the Australian Securities Exchange (ASX) building in central Sydney June 15, 2012. Asian shares edged up on Friday, and the euro held most of the previous session's gains, as nervous inves
Australian Stock Market Report – Midday December 18, 2014

By Comsec

The Australian share market opened the session with a solid gain for the second consecutive session on the Thursday. The strong tone for the first half of the session came in the wake of similar gains for US and European markets in the last 12 hours. (Dec 18)

MORE TOPICS: FEDERAL RESERVE, DOW JONES, HSBC, FTSE, MANUFACTURING, TWITTER

Passers-by are reflected on a signboard displaying currency signs outside a bank in Tokyo November 27, 2014. The dollar edged down against the yen on Thursday after lacklustre U.S. economic data pushed Treasury yields lower and dulled investor appetite fo
Australian Dollar Outlook – December 17, 2014

By Bellfx

The Australian Dollar is unchanged from this time yesterday, having given back some overnight gains as volatility increases in global markets. (Dec 17)

MORE TOPICS: UNEMPLOYMENT, HSBC, GERMANY, MANUFACTURING, TWITTER, FACEBOOK

A man checks currency exchange rates at an currency exchange office in Istanbul December 16, 2014. The Turkish lira weakened to a record low of 2.4140 against the dollar on Tuesday after a fall in the value of the ruble in Russia, a fellow emerging market
Global Markets Overview – December 17, 2014

By IG Markets

Equities rebounded in European trade whilst US equities struggled as investors exercised caution heading into the FOMC meeting. Additionally, oil prices remained extremely volatile, with weakness prevailing. (Dec 17)

MORE TOPICS: CHINA, GOLD, DOW JONES, DEUTSCHE BANK, FTSE, MANUFACTURING

Firefighters look at a train wagon on fire at Lac Megantic, Quebec, July 6, 2013. Canadian police expect the death toll from a fatal fuel train blast in a small Quebec town to be more than the one person confirmed dead so far, a spokesman said on Saturday
Canada Lac-Megantic Rail Disaster: Musi-Café Reopens

By IBTimes AU

Musi-Café, a restaurant-bar that figured directly in the July 2013 Lac-Megantic rail disaster in Canada, has finally reopened. (Dec 16)

An oil field is seen at sunrise near Bakersfield, California October 14, 2014. Brent crude hit a new four-year low on Wednesday before recovering to just under $85 a barrel, as faltering global growth curbed demand for fuel at a time of heavy oversupply.
Global Markets Overview – December 16, 2014

By IG Markets

Equities tapered off in the US and tracked weakness seen in Asian and European trade. Turmoil in the energy space continued to cloud positive developments on the US economic data front. (Dec 16)

MORE TOPICS: CHINA, GOLD, DOW JONES, HSBC, FTSE, MANUFACTURING

A British Airways Oneworld jumbo jet lands near the charred remains of Asiana Airlines Flight 214 on the runway at San Francisco Airport International Airport in San Francisco, California July 9, 2013.
Air Fares To Come Down in 2015 As Airline Profits Zoom To $25 Billion Aided By Falling Oil Prices

By IBTimes AU

There is a 40 percent slump in oil prices, therefore even a 5 percent cut in air ticket looks legitimate. (Dec 13)

MORE TOPICS: AIR TRANSPORT ASSOCIATION, AMERICAN AIRLINES, EMERGING MARKETS

Retailer
Global Markets Overview – December 12, 2014

By IG Markets

A round of positive US economic data seems to have reinvigorated the greenback, with retail sales and unemployment claims both coming in ahead of estimates. (Dec 12)

MORE TOPICS: CHINA, GOLD, UNEMPLOYMENT, DOW JONES, FTSE, TWITTER

U.S. one-hundred dollar bills are seen in this photo illustration at a bank in Seoul August 2, 2013. Picture taken August 2, 2013.
Australian Dollar Outlook – December 11, 2014

By Bellfx

The AUD has not broken new ground. Having pushed down to 0.8265 after a lower-than-expected Chinese CPI print, it recovered to 0.8348 before pulling back to 0.8300 this morning. (Dec 11)

MORE TOPICS: UNEMPLOYMENT, TWITTER, FACEBOOK, RETAIL SALES, AUSTRALIA, RETAIL

A worker walks at the Nahr Bin Umar field, north of Basra, southeast of Baghdad, November 16, 2014. OPEC producer Iraq expects to base its 2015 budget on an oil price of $80 per barrel, Oil Minister Adel Abdel Mehdi told parliament on Monday. Picture take
Global Markets Overview – December 11, 2014

By Comsec

Global markets continued to slide as oil slipped further and Greek bond yields spiked. Crude oil inventories released in the US showed a surplus of 1.5 million when the market was expecting a deficit of 2.6 million. This saw WTI slump over 4%, with oil prices trading at their lowest since mid-2009. (Dec 11)

MORE TOPICS: CHINA, GOLD, UNEMPLOYMENT, DOW JONES, FTSE, TWITTER