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Showing 151 - 160 of 1065 results for "oil prices"

Market to open lower

AAP  |  MONDAY, 3 AUG 2015
... weakness in petroleum-linked equities weighed on stocks following poor earnings from ExxonMobil and Chevron and a drop in oil prices At 0820 AEST on Monday, the September share price index futures contract was down 12 points at 5,639. In local economic ...

Market to open higher

AAP  |  WEDNESDAY, 29 JUL 2015
... while fellow oil and gas producers Apache and ConocoPhillips gained 4.4 per cent and 3.1 per cent, respectively, as oil prices stabilised after a dive. LONDON - Takeover news buoyed European stock markets, with sentiment also boosted by bargain-hunting ...

RBNZ tries to turn the turn in NZ economy

BENJAMIN ONG  |  MONDAY, 27 JUL 2015
... have to see it in perspective. Farming accounts for just 7% of GDP. New Zealand is benefiting in particular from lower oil prices now. Cheaper energy is positive for consumer purchasing power and resulting in lower costs to industry. What's more, it ...

Share market's rally comes to an end

AAP  |  FRIDAY, 17 JUL 2015
... to $34.66. Santos was down 9.5 cents at $7.625 after reporting a 19 per cent slide in quarterly revenue due to lower oil prices.

Australian shares up on ease over Greece

AAP  |  TUESDAY, 7 JUL 2015
... spread across the Australian market on Tuesday, with the exception of energy stocks, which suffered due to a slide in oil prices. Oil and gas giant Woodside Petroleum has reversed earlier losses to gain 15 cents cents to $34.27, while Santos fell 12 ...

Market to open lower

AAP  |  MONDAY, 15 JUN 2015
... meeting that will update the Fed's plan to hike interest rates in the coming months. Petroleum stocks dropped on lower oil prices. Dow members Chevron and ExxonMobil fell by 1.2 per cent and 1.3 per cent respectively, while offshore driller Transocean ...

North American sovereigns hardest hit by oil crisis

ALEX BURKE  |  FRIDAY, 12 JUN 2015
Sovereign wealth funds in North America will suffer the biggest impacts of the sharp drop in oil prices, rather than those in oil-producing emerging markets. Invesco's Global Sovereign Asset Management Study shows that the majority (80%) of North American ...

Market to open flat

AAP  |  FRIDAY, 12 JUN 2015
... American consumers are gaining confidence after a sluggish first quarter. However there were falls in gold, copper and oil prices. Locally on Friday, the Australian Bureau of Statistics releases lending finance figures. In Australia, the market on Thursday ...

Market to open higher

AAP  |  WEDNESDAY, 3 JUN 2015
... revenue, a key industry benchmark, citing lower-than-expected US business class sales. Oil-services stocks surged as US oil prices finished above $61 a barrel, the highest level all year. Halliburton rose 1.5 per cent, Cameron International added 3.4 ...

US golden opportunity for listed infrastructure

ALEX BURKE, LAURA MILLAN  |  FRIDAY, 22 MAY 2015
... had been overweight in pipeline companies, but that it has now changed its position to neutral, following the fall in oil prices. "What we're seeing now is that the [pipeline companies'] stocks have underperformed and the sector is starting to look more ...