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According to a new forecast from the U.S. Energy Department, the United States could hit energy independence in as little as four years...
In a monthly report released Thursday the Organization of Petroleum-Exporting Countries (OPEC) trimmed its forecasts for non-OPEC oil supply growth in 2015 signaling that its strategy of pressing its American rivals could be working...
On Thursday the dollar slid lower against its peers, as Wednesday's disappointing U.S. data continued to weigh and as investors awaited additional U.S. economic reports due later in the day...
On Thursday crude oil futures declined after posting its biggest one-day rally in two months on Wednesday, as data showed that oil supplies in the U.S. rose less than expected last week...
On Thursday most Asian share markets rose having taken cues from a global surge in equities, while the dollar was lower pressed by weak economic data...
Standard & Poor's (S&P) downgraded the debt-ridden country's credit rating from B- to CCC+, with a negative outlook, signaling the country is now vulnerable to default. Experts consider the country can slip into default this month unless compromise with creditors is reached...
On Thursday the Australian dollar rose to three-week peak against the US dollar, as upbeat Australian employment data supported the local currency, while Wednesday's weak U.S. data continued to weigh on the greenback...
On Wednesday the dollar remained broadly higher against its peers, even after data indicated that manufacturing conditions in the New York area contracted unexpectedly in April, as markets awaited a report on U.S. industrial production later in the day...
On Wednesday the euro was lower against the dollar after the European Central Bank left monetary policy unchanged, as markets expected the bank’s post-policy meeting press conference...