Market optimism over the potential for interest rate cuts next year is dangerously overdone, according …
Read More »Oil prices are spiking to mid-2015 highs after a Libyan pipeline blast
Oil prices surged to more than 2½-year highs Tuesday on reports that a pipeline explosion in Libya has disrupted a big chunk of the country’s crude supply. International benchmark Brent crude rose $1.50, or 2.3 percent, to $66.75, after hitting an intraday peak of $66.89, its highest level since May …
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