Volatile oil prices and financial turmoil in the developed world have created havoc in markets globally. Kurdistan has been immune to these shock waves to a degree because it has primitive financial structures without strong banking institutions as well as isolation from international markets.

BEIJING, Nov 19 (Reuters) - China will start building oil and gas pipelines through Myanmar next year, enabling it to slash the journey time for crude oil imports from the Middle East, state media said Wednesday, citing an official. The pipelines into China's southwestern Yunnan province would cut out oil cargoes' long detour through the congested Malacca Strait as well as strengthen China's ...

In the spotlight this week is the Ultra Oil & Gas Pro-Share ETF with a Long Term PowerRating of 2. This ETF appears to have potential for the upside, despite its low rating, and savvy investors should watch this one closely.

Lower gas prices may be good news for consumers but oil companies operating in southeast Saskatchewan are suffering from plummeting oil prices.

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