The nearly 20 percent rally in oil prices over the past week raised hopes in the oil industry that the financial bloodshed might be over. But hopes were quickly dashed on February 4 when prices erased much of their gains – March deliveries of WTI dropped by a whopping 8 percent in a …
THE LAST few weeks have seen a flurry of good data about the America economy. Firms added more than 1m new jobs, in net terms, in the three months to January, the best showing since 1997. At 5.7{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540}, America’s unemployment rate is now one of the lowest in the OECD, a …