Alaska plans to give up billions of dollars in tax revenue it has been drawing from oil producers to spur new drilling at a time when energy production is surging across the Lower 48 states.
By Alan Wheatley, Global Economics Correspondent LONDON | Mon Apr 22, 2013 3:52am EDT LONDON (Reuters) - Lower airfares, cheaper food and rising profit margins are among the benefits that should flow ...
By Chikako Mogi TOKYO | Wed Apr 17, 2013 8:30pm EDT TOKYO (Reuters) - Asian shares inched lower on Thursday, taking their cues from an overnight drop in U.S. and European equities on renewed concerns ...
The price of oil dropped to near $89 a barrel on Monday, its lowest level since mid-December, as a slowdown in China's growth added to doubts about the strength of the world economy and global demand for crude.
By Diego Ore and Daniel Wallis CARACAS | Mon Apr 8, 2013 11:06pm EDT CARACAS (Reuters) - Acting President Nicolas Maduro vowed on Monday to stamp out corruption following days of accusations by his ...