•  
  •  
Dow Jones surges as tech, energy stocks make gains

...advanced, despite another drop in the price of oil.Fed Chairwoman Janet Yellen said Wednesday...past worries about the impact of a slumping oil price and turmoil in Russia, where the...Trust.Stocks rose sharply Thursday even as oil resumed its slide. The price of oil fell...

http://chronicle.augusta.com/news/business/2014-12-18/dow-jones-surges-tech-ener
Investors still see benefit of hiring stock pickers to run their funds

...Exxon Mobil.As the third-largest stock in the S&P 500, the oil giant's performance has a bigger effect on the index than any...percent of its value due to the plunge in the price of crude oil.But many fund managers have shielded themselves from the slump...

http://chronicle.augusta.com/news/business/2014-12-19/investors-still-see-benefi
Oil has fallen by nearly half, to recession levels, as US economy improves

NEW YORK - The price of oil has fallen by nearly half in just six months...or bad thing.The price of a barrel of oil is under $56, down from a summer high...and worse. SUPPLIES GO BOOMYears of high oil prices, interrupted briefly by the recession...

http://chronicle.augusta.com/news/business/2014-12-15/oil-has-fallen-nearly-half
Putin's plunge

...Europe's chips.Oops. Today, sinking world oil prices and Ukraine-inspired sanctions...neighbor and trading partner.The plunge in oil prices has exposed Putin for what he is...Russia never so much had an economy as an oil-exporting business that subsidized everything...

http://chronicle.augusta.com/opinion/editorials/2014-12-18/putins-plunge
Fed promises 'patient' approach in determining when to raise interest rates

...of global economic turmoil and collapsing oil prices, she stressed that the Fed was making...since the Fed last met in October, with oil reaching a five-year low. That price...with 12 months ago.But Yellen noted that oil price spikes in the past had only temporarily...

http://chronicle.augusta.com/news/business/2014-12-17/fed-promises-patient-appro
Key dates in US relations with Cuba

...criticize summary trials of executions of Batista loyalists. In 1960 Cuba nationalizes U.S.-owned oil refineries after they refuse to process Soviet oil. Nearly all other U.S. businesses are expropriated soon afterward.- EXPANDING CRISES: The...

http://chronicle.augusta.com/news/world/2014-12-17/key-dates-us-relations-cuba
US-Cuba diplomatic thaw could benefit industries

...interest in Cuba. The waters off the island's northern coast are believed to contain oil. But international oil companies have been reluctant to explore for oil because they feared angering the United States. The Spanish oil company Repsol drilled...

http://chronicle.augusta.com/news/business/2014-12-17/us-cuba-diplomatic-thaw-co
Exxon sees abundant oil, gas far into future

...sucked in a significant portion of the world's oil, will instead be supplying the world with oil and other liquid hydrocarbons by the end of this...supplies," Colton said in an interview. "Peak oil theorists have been run out of town by American...

http://chronicle.augusta.com/news/business/2014-12-09/exxon-sees-abundant-oil-ga
US stocks slump as oil rout continues

NEW YORK - A rout in oil prices shook financial markets Friday...sharply as investors worried that slumping oil demand is signaling that growth outside...and most of Asia, the benefits of falling oil outweigh the costs," said Jeff Kleintop...

http://chronicle.augusta.com/news/business/2014-12-12/us-stocks-slump-oil-rout-c
Russian ruble still under heavy selling pressure despite big central bank rate hike

...crippling international sanctions and sinking oil prices.The Russian central bank tried...is being hit by a double blow: falling oil prices and international economic sanctions...ruble, the central bank had warned that if oil prices stay where they are today, in the...

http://chronicle.augusta.com/news/business/2014-12-16/russian-ruble-still-under-