Similar Stories to Extended Slump In Oil Taking Toll On Industry, Economy on Bing News

By JONATHAN FAHEY, Associated Press: Business
Fri, 07/31/2015 - 11:36am

NEW YORK (AP) -- As drivers, shippers and airlines continue to enjoy lower fuel prices, the oil industry is responding to much lower profits with sharp cuts in spending and employment that are hurting economic growth....

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Topics:  york ap     as   oil   industry   
BING NEWS:
  • Oil settles down on US jobs data, steepest weekly loss in 3 months
    Oil prices settled lower on Friday, and posted their steepest weekly loss in three months as investors weighed weak U.S. jobs data and possible timing of a Federal Reserve interest rate cut.
    05/3/2024 - 7:16 am | View Link
  • Oil settles near 7-week lows, focus shifts to economy
    Oil prices settled on Thursday near their lowest level in seven-weeks, narrowly mixed and under pressure from weaker global demand, rising inventories and fading hopes for a quick cut in U.S. interest ...
    05/2/2024 - 8:07 am | View Link
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