The year 2015 was rather noneventful for investors except for two things:
the big drop in oil prices and, according to Morningstar, the lowest ever average fees for mutual fund and ETF assets.
So why
the big drop in oil prices only last year?
February 24, 2016 • U.S. consumers are enjoying extremely low gasoline prices, but
the big drop in oil prices is causing hardship in nations that depend on oil production to fund their governments and social programs.
Not exact matches
The
price of
oil dropped Tuesday after a
big jump a day earlier over jitters that Russia's military advance into Ukraine could result
in economic sanctions against one of the world's major energy suppliers.
Suncor is Alberta's
biggest company by assets, but a near 50 %
drop in oil prices in 2015 hit the company hard.
In the commodities space, oil prices are headed for their eighth consecutive week of falls on Friday, the longest losing streak since 1986, according to Reuters, after the news of a sharp drop in Chinese manufacturing increased worries over the health of the world's biggest energy consume
In the commodities space,
oil prices are headed for their eighth consecutive week of falls on Friday, the longest losing streak since 1986, according to Reuters, after the news of a sharp
drop in Chinese manufacturing increased worries over the health of the world's biggest energy consume
in Chinese manufacturing increased worries over the health of the world's
biggest energy consumer.
With the recent
drop in commodity
prices, especially for West Texas Intermediate crude
oil, consumers are poised to win
big - time while many
in the financial markets are seeing a stream of losses.
Those families who have benefited the least from the
big increase
in stock
prices over the last few years have the most to gain, proportionately, from the
drop in oil and gas
prices.
The decline
in copper
prices and even sharper
drop in oil prices led the Phoenix - based firm to take
big losses
in the final quarter of 2014.
The facts are not right here, energy is cheap that means the cost of manufacturing and transporting of goods is low, food and consumers staples already more affordable, so what if a few American
oil companies going out of business.the cost of producing
oil in middle east is less than $ 10 / bl and we were paying more than $ 140 / bl for it, with that huge profit margin the
big oil companies and
oil producing nations became richer and the rest of us left behind, with the
oil price this low the
oil giants don't want to reduce the
price at pump even a penny, because they are so greedy.worst case scenario is some CEOs bonuses might
drop from $ 20 million to $ 15 millions I am sure they will survive.
in terms of the stock market it always bounces back, after all it's just a casino like game.
Only if there is a serious attempt, with all countries of the world taking part to fight climate change, will there be a
big enough
drop in oil consumption to really affect
price.
The current cyclical correction
in oil prices might be challenging, but there's a far
bigger shoe yet to
drop on the country's
oil - fueled dreams.
A 30 percent
drop in global
oil prices so far this year is stoking expectations that a
big pick up
in demand is just around the corner.
We believe the
oil price outlook has brightened, due to an unexpected OPEC plan to cut production and surprisingly
big drop in U.S.
oil stockpiles.
It ended disastrously because his government allowed
Big Oil to make the government the scapegoat when oil prices dropped in response to global market forc
Oil to make the government the scapegoat when
oil prices dropped in response to global market forc
oil prices dropped in response to global market forces.