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Crude prices fall from 2016 highs as U.S. oil rig count rises
March 20, 2016 by admin · Leave a Comment
Crude oil prices settled lower on Friday after the U.S rig count rose for the first time since December, renewing worries of a supply glut after an output freeze proposal helped boost the market to 2016 highs and multi-week gains. U.S. energy firms this week added one oil rig after 12 weeks of cuts, according to data by industry…
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Crude prices fall from 2016 highs as U.S. oil rig count rises
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Six months into ‘Dieselgate’ scandal, gloom deepens in VW’s hometown
March 20, 2016 by creative · Leave a Comment
By Andreas Cremer WOLFSBURG, Germany (Reuters) – When Martin Winterkorn dropped by to order some new glasses in the Volkswagen company town of Wolfsburg, he was “visibly dejected”, according to his optician. Six months into the “Dieselgate” affair surrounding VW, the mood in Wolfsburg – where almost half the population works at its giant…
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Six months into ‘Dieselgate’ scandal, gloom deepens in VW’s hometown