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Oil Prices Go Up And Down, Up And Down Says Saudi Oil Minister Amid Concerns

2014-12-14 18:01:00| Climate Ark Climate Change & Global Warming Newsfeed

Business Times: Saudi oil minister Ali al-Naimi spoke to reporters on the side lines of an annual UN climate change conference in Lima, Peru. According to a report by Sydney Morning Herald the minister pointed out that oil, just as any other commodity, is subject to price fluctuation. "For any commodity, what does it do? It goes up and down, up and down," the minister reportedly said. With OPEC countries not agreeing to cut oil production, all eyes will be on global demand for the commodity. A significant drop...

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Oil Prices Pushing Down Business Costs, Not Just for Airlines, Shippers

2014-12-13 09:01:49| Airlines - Topix.net

Businesses are paying less for everything from air freight to lubricants, showing that the steep drop in global oil prices is benefiting more than just consumers at the gas pump . For now, energy-related costs are posting the largest drops.

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Could Plunging Oil Prices Kill Kinder Morgan's Dividend?

2014-12-11 18:37:18| Oil & Gas - Topix.net

Oil prices have recently plunged at their fastest rate since the financial crisis and are now trading at five-year lows. Understandably income investors who have been turning to high-yielding energy companies such as Kinder Morgan Inc in recent years may be nervous about the safety and growth prospects of those payouts.

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Biz Break: Stocks plunge as oil prices continue to roil Wall Street

2014-12-11 02:43:13| Energy - Topix.net

DECEMBER 10: A trader works on the floor of the New York Stock Exchange during the afternoon of December 10, 2014 in New York City. The Dow Jones Industrial Average plunged over 250 points at the end of day trading as the price of oil continues to fall.

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Biz Break: Stocks plunge as oil prices continue to roil Wall Street

2014-12-11 01:58:55| Oil & Gas - Topix.net

DECEMBER 10: A trader works on the floor of the New York Stock Exchange during the afternoon of December 10, 2014 in New York City. The Dow Jones Industrial Average plunged over 250 points at the end of day trading as the price of oil continues to fall.

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