Commodities & Futures News

Crude Crash Hits Local Production In India
By International Business Times - Aug 25, 2015

By Harichandan Arakali - Crashing oil prices will hit India’s energy security efforts, and impact Indian Prime Minister Narendra Modi’s roadmap for the country to ...

GE cutting 262 more Lufkin oil unit jobs in Texas
By Reuters - Aug 24, 2015

By Lewis Krauskopf (Reuters) - General Electric Co (N:GE) said on Monday it was cutting 262 more jobs at its Lufkin oil unit in Texas and closing a foundry as it grapples with ...