All stories by Alex Lawler
Oil drops below $59 for first time since 2009
Rediff.com16 Dec 2014Oil fell below $59 a barrel for the first time since May 2009 on Tuesday, extending a six-month selloff as slowing Chinese factory activity and weakening emerging-market currencies added to concerns about demand.
OPEC cuts 2015 demand forecast for its oil to lowest in a decade
Rediff.com11 Dec 2014These countries are feeling the heat from the US shale oil producers.