Shale oil will contribute to future crude price instability

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Shale oil will contribute to future crude price instability

The consensus view that crude oil prices will range around $60 a barrel in coming years, with flexible US shale oil acting as a “swing producer” to prevent spikes, is comforting.
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Kenya Lost IMF Facility Last Year. Someone Tell the Central Bank

The International Monetary Fund withdrew Kenya's access to a $1.5 billion standby loan in June. That hasn't stopped the country's central bank saying the funds are still available. The Washington-based lender, which has a delegation visiting Kenya this week, removed permission to tap the
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Arcelor, VTB Hit Snag in Pursuit of $6 Billion Indian Steelmaker

ArcelorMittal and Russia's state-controlled VTB Group have hit a fresh snag in their pursuit of Essar Steel India Ltd., an insolvent producer that could fetch at least $6 billion. Advisers evaluating the offers for Essar Steel are recommending that all the bids be disqualified, according to people with
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Fund Accounting Support Services

We are part of Link Group, a leading global provider of financial administration solutions. As one of Europe's leading asset servicing platforms, Link Asset Services interacts with almost 6m investors, administering and safeguarding £600bn of assets across 10 highly regulated markets.
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As Winn-Dixie is said to eye bankruptcy, retail landlords in Tampa Bay and throughout Florida brace for impact

One of Florida's largest grocers is reportedly on the brink of bankruptcy, potentially leaving retail landlords throughout the Southeast with massive empty anchor boxes at a time when most retailers are shrinking their physical footprints.
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