Thousands of energy industry employees have lost jobs and companies have slashed their capital budgets during the steep
slide in crude prices, which are still down more than 50 percent since 2014.
Not exact matches
CNBC's Jackie DeAngelis reports on the trading action
in crude, as oil
prices slide on global growth worries over demand.
While the dive
in oil
prices has been a major drag on financial markets, the 55 percent
slide in crude oil
prices since June is good news for some.
Of Tokyo's 33 subsectors, 20 were
in the red, with oil and coal products leading the decliners after an overnight
slide by
crude prices to two - week lows.
Incidentally, the government and the RBI are reasonably comfortable with the country's Current Account Deficit (CAD) situation, following the big
slide in crude oil
prices recently.
While the world's billionaires have been suffering losses, oil
prices rose to $ 48 a barrel yesterday as investors took advantage of a two - day
slide in crude triggered by Brexit vote.
The announcement, which comes as Shell is fighting to maintain its commitments on dividends (which it will increase by 5 per cent this year) and its core oil and gas business
in the face of a more than $ 100
slide in the
price of
crude since last summer, triggered a furious response from green groups.
Rents for apartments
in the area have plunged after a
slide in crude oil
prices.