Commodities & Futures News

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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 ...

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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 ...