E-Finance News

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Oil gains on Libya violence, Kurdish oil export threat

Oil prices rose to their highest in nearly two months on Monday, supported by concerns over escalating conflict with Islamic State militants in Libya and a threat to withhold exports from Iraq's semi-autonomous Kurdish region.


Rick Whitney 

Nothing has changed. They just got together to raise prices by the end of the month it will be at $75 but retail gas prices will be back to $4.00. The great oil scam of 2015! and our leaders are in on it. America has been dumbbed down to the point that we are all idiots.

Legalized consumer rape



Well how come we are still paying $2.00 + at the pump ??? Crooks in DC and Wall St need a raise or bonus or Bone Us!?!?
Hateocrats need to steal more money from tax payers !?!?



the bounce is caused by calls to counter the puts ( sells) by oil traders to balance any potential losses because no one knows where the bottom is : thats what caused the big sell off


Investors slim down Weight Watchers, J.C. Penney collapses as Monster Energy explodes



Wait till the end of the day before you say JCP collapsed. 26 (right now) is no big deal. Was down but others see the big value in this company instead of the haters, or wanna be journalist.


US economic growth in Q4 revised down to 2.2 percent

The U.S. economy slowed more sharply in the final three months of the year than initial estimates, reflecting weaker business stockpiling and a bigger trade deficit.


Rust Brown

Look at statistics. Since 1976 our GDP growth rate was dropping down steadily. The US economy is in deep crisis which is (unfortunately) not connected to Obama's action. Blame banks and filthy moneybags for deceiving the country.


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