The correlation coefficient between Schlumberger’s stock price and crude oil prices from November 6, 2016, to November 6, 2017, was 0.56.
Oil prices climbed on Wednesday after a reported fall in U.S. crude inventories and on expectations that an OPEC-led production cut aimed at tightening the market will be extended beyond next March. Brent crude futures , the international benchmark for oil prices, were at $63.07 per barrel at 0257 GMT
Nov.21 -- Michael Spence, professor of economics at New York University, discusses finding solutions to a dysfunctional market economy, Janet Yellen's transition out of the Fed, central bank coordination, the biggest risk for central banks in 2018, China's debt problem and U.S. trade policy.
In 2015, scientists analyzing mysterious dark streaks on the surface of Mars found evidence that they were formed by liquid water -- an exciting discovery that meant microbial life might be supported on the planet.
The United Nations Command released a video showing a North Korean defector who brazenly crossed the border into South Korea, as North Korean soldiers fired their weapons at him. On November 13, the North Korean soldier began his escape by speeding toward a bridge in a jeep at around 3:20 p.m. local
SYDNEY (Reuters) - Asian shares joined a global rally and scaled a fresh decade peak on Wednesday as strong world growth and rising corporate profits lured hordes of investors into equities, while oil prices jumped on expectations of a production cut.
Phillip Hammond will attempt to get Britain "fit for the future" as he faces the toughest set of Budget constraints of any Chancellor in a generation. The Chancellor will say: "For the first time in decades, Britain is genuinely at the forefront of a technological revolution, not just
Its arrival in Australia is likely to put pressure on local retailers to cut prices. It looks as though Black Friday will be the day when the US online behemoth Amazon opens its Australian site, sparking what is likely to be a major price war in the retail market. Amazon said 10 days ago its launch
David Cassidy, the teen and pre-teen idol who starred in the 1970s sitcom “The Partridge Family, died at age 67 on Tuesday. NEW YORK (AP) — David Cassidy, the teen and pre-teen idol who starred in the 1970s sitcom “The Partridge Family” and sold millions of records as the musical group’s lead singer
Nov.21 -- Singapore and Indonesia are working together on a common standard for tax reporting. Speaking exclusively to Bloomberg, Senior Minister of State for Finance, Indranee Rajah, discusses the possibility of raising taxes and the biggest concerns for households when it comes to finances.
The U.S. government on Tuesday urged businesses to act on an Intel Corp alert about security flaws in widely used computer chips as industry researchers scrambled to understand the impact of the newly disclosed vulnerability. The Department of Homeland Security gave the guidance a day after Intel said
The weather occurrence La Nina is triggered when sea surface temperatures in the central Pacific Ocean drop to lower-than-normal levels. It generally implies stormier and cold winters in Asia's northern hemisphere and warm but wet summers in the southern hemisphere. The Australian bureau pegged
The paper by Yin Zhou and Oncel Tuzel, submitted on Nov. 17 to independent online journal arXiv, is significant because Apple's famed corporate secrecy around future products has been seen as a drawback among artificial intelligence and machine learning researchers. Apple declined to comment. Yielding
Earlier this month, the Milwaukee Journal Sentinel reported that TripAdvisor had deleted multiple posts from users warning others about incidents of assault and rape that had taken place at a certain resorts in Mexico.
David Cassidy of "The Partridge Family" fame has died at age 67. Publicist JoAnn Geffen released a statement Tuesday evening saying Cassidy had died "surrounded by those he loved." No further details were immediately available, but Geffen said on Saturday that Cassidy was in a Fort
TOKYO, Nov 22 (Reuters) - Japan's Nikkei share average roseon Wednesday morning, buoyed by gains in large-cap stocks suchas SoftBank, Fanuc and financial companies as global growthhopes lifted the mood across world markets.
(Reuters) - David Cassidy, a singer and actor whose androgynous features and jaunty voice made him a 1970s teen heartthrob on the television show "The Partridge Family," died on Tuesday at the age of 67, entertainment industry newspaper Variety and others reported.
Research by Apple Inc computer scientists on how self-driving cars can better spot cyclists and pedestrians while using fewer sensors has been posted online, in what appears to be the company's first publicly disclosed paper on autonomous vehicles. The paper by Yin Zhou and Oncel Tuzel, submitted
Tehama County sheriff's deputies received 21 calls in the past year from Kevin Neal and other residents of three ramshackle homes on Bobcat Lane, according to documents released Tuesday to The Associated Press in response to a public records request. Another neighbor told reporters last week that