In spite of the Feds Sunday rate cut, stock futures tend not to be affected so much as they dropped sharp on Monday. The stock market futures hit “limit down” levels of 5% lower as established by ...
In the early hours of Monday, oil prices plunged after Saudi Arabia declared a price war against Russia, a former ally; thereby, causing a historic collapse. Following the collapse, the US oil prices ...
Following the report of the oil price war, quite a number of index tracking-funds that can be traded on the stock market have been greatly exposed to volatility in the oil and energy sectors. This is ...
What is the definition of a Barrels of Oil Equivalent (BOE)?DefinitionBarrels of oil equivalent is a measure of the amount of energy contained in a barrel of oil. BOE is primarily a measure of en...
The shares of U.K.-listed Nigerian oil producer, Lekoil (LSE: LEK) slumped by 69% after falling victim to an alleged scam . The company said it appeared to have been defrauded by individuals...
Chevron Corporation(CVX) has expected to write down as much as $11 billion in the fourth quarter of the year, which is more than half of its Appalachia natural gas assets. T...