October 11, 2019/OilPrice.com The US oil rig count continues to drop, falling by 3 to 710 for the week ending October 4, according to Baker Hughes data. It is now 18 percent down on the same week last year, a loss of 151 rigs, reflecting weaker oil prices, a steady […]

October 11, 2019/OilPrice.com Oil prices spiked on Friday morning as trade war negotiations appeared to take a positive turn while Iran reported an oil tanker attack as tensions in the Middle East soar. Friday, October 11, 2019 Oil prices rose in early trading on Friday on hopes that the U.S.-China […]

October 11, 2019/IMFBlog By Claudio Raddatz and Adolfo Barajas When a Mexican airline buys Brazilian airplanes, it’s likely to finance the purchase with a US dollar loan obtained from a non-US bank. That’s just one example of the dollar’s outsize role in international financial transactions between non-US counterparts. What happens […]