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Will Oil Price Drop Assure Venezuela Default?

2014-10-16 23:36:42| Footwear - Topix.net

Oil accounts for 95% of Venezuela's exports and the nation has the globe's largest oil reserves - more than Saudi Arabia. So with oil accounting for most of Venezuela's exports, and the international oil price benchmark dropping roughly $30 per barrel to a recent $83.45, Venezuela's state revenue is shrinking.

Tags: price default oil drop

 

Oil price declines to four-year low on global economic concerns

2014-10-16 01:00:00| Offshore Technology

The price of Brent crude hit a four-year low today, dropping by more than $1 to $83 a barrel.

Tags: price low global economic

 
 

Brent crude oil price plummets below $84 to 47-month low due to oversupply

2014-10-15 01:00:00| Offshore Technology

The price of Brent crude plummeted below $84 a barrel today after the International Energy Agency (IEA) cut oil demand growth forecasts.

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Falling Oil Price And Energy Stocks

2014-10-13 14:06:59| Oil & Gas - Topix.net

For some, like those producing shale oil, this seems warranted as lower oil price is a direct threat to the viability of many. Indeed, the production figures suggest a veritable boom, but not all is well.

Tags: price energy oil falling

 

Oil price down again on growth fears

2014-10-13 11:48:57| BBC News | Business | UK Edition

Global oil prices fall again with Brent crude at a near four-year low amid renewed worries about sluggish global growth.

Tags: price growth oil fears

 

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