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Oil rally suggests supply worries wane, but for how long?

May 17, 2016 by · Leave a Comment 

A rally in U.S. crude oil prices recently has put the market on its firmest footing since the rout started in 2014, with the spread between prices for near-term…

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Oil rally suggests supply worries wane, but for how long?

are-seen

Oil rally suggests supply worries wane, but for how long?

May 17, 2016 by · Leave a Comment 

A rally in U.S. crude oil prices recently has put the market on its firmest footing since the rout started in 2014, with the spread between prices for near-term delivery and future delivery narrowing, suggesting the worst of the supply glut may be over. Oil prices in global markets have been lifted in the past week by news of falling U.S. production and output disruptions in Canada and Nigeria. The production cuts are seen helping to rebalance a market awash with excess…

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Oil rally suggests supply worries wane, but for how long?

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Pfizer to buy Allergan in $160 billion deal

November 24, 2015 by · Leave a Comment 

By Ransdell Pierson and Bill Berkrot NEW YORK (Reuters) – Pfizer Inc on Monday said it would buy Botox maker Allergan Plc in a deal worth $160 billion to slash its U.S. tax bill, rekindling a fierce political debate over the financial maneuver. The acquisition, which would create the world's largest drugmaker and shift Pfizer's headquarters to Ireland, would also be the biggest-ever instance of a U….

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Pfizer to buy Allergan in $160 billion deal

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