NEW YORK (AP) — With the Thanksgiving holiday approaching, U.S. stocks are little changed Wednesday morning after they finished at all-time highs the day before. The price of oil is rising on reports OPEC might extend its cuts in production, and energy companies are also up. Technology companies are taking small losses as the two … Continue reading
Tag Archives: Oil Prices
Oil boom’s end threatens pain for much of Latin America
PUERTO GAITAN, Colombia (AP) — Soaring oil prices the past decade transformed this rural backwater into Colombia’s richest city as nearby fields pumped black gold, drawing new businesses, international pop stars and vanity art projects such as the biblical-themed arch that towers over these sweltering grasslands. Now, crashing crude prices have the 45,000 residents … Continue reading