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Showing 211 - 220 of 801 results for "Petro"

Market wrap

AAP  |  TUESDAY, 2 DEC 2014
The Australian share market has reversed some of its heavy losses after a strong bounce in oil and gold prices. The share market dumped two per cent on Monday as energy stocks tumbled in the wake of the lowest crude oil prices since 2009. Crude prices ...

Market wrap PM

STAFF WRITER  |  MONDAY, 1 DEC 2014
The share market is weaker as another fall in oil prices hits energy stocks. The Brent price of crude oil has touched a fresh four-and-a-half year low after OPEC nations shied away from cutting production to deal with a global oversupply. "The price ...

Market Wrap AM

AAP  |  MONDAY, 1 DEC 2014
The Australian market looks set to open lower after OPEC chose not to cut oil production levels. At 0822 AEST on Monday, the December share price index futures contract was down 44 points at 5,294. In local economic news on Monday, the Reserve Bank ...

Market wrap

AAP  |  FRIDAY, 28 NOV 2014
The Australian share market has opened sharply lower as oil stocks were pummelled following OPEC's decision not to cut production. Oil prices have sunk to fresh four-year lows, with New York crude tumbling below $US70 after the OPEC oil cartel held ...

Sliding oil price would stop the slide in the oil price

BENJAMIN ONG  |  FRIDAY, 28 NOV 2014
The cartel that controls 40% of oil production - the Organisation of Petroleum Exporting Countries (OPEC) - met and concluded their 166th meeting in Vienna, Australia last night. The conclusion: "...in the interest of restoring market equilibrium, the ...

Market Wrap AM

AAP  |  FRIDAY, 28 NOV 2014
The Australian market looks set to open lower after the OPEC oil cartel decided not to cut output despite a supply gut and falling crude prices. At 0825 AEST on Friday, the December share price index futures contract was down 17 points at 5,397. Wall ...

Market Wrap AM

AAP  |  TUESDAY, 25 NOV 2014
The Australian market looks set to open lower despite Wall Street again heading for record highs as support from central banks inspires confidence in the global economy. At 0821 AEST on Tuesday, the December share price index futures contract was down ...

Market Wrap PM

AAP  |  TUESDAY, 18 NOV 2014
The Australian stock market has opened higher following a flat lead from the US. Patersons Securities economist Tony Farnham said there was little in the way of economic or company news to drive the market at present. "We're really looking for things ...

Market wrap

AAP  |  MONDAY, 17 NOV 2014
The Australian sharemarket has opened flat as weakness in banking stocks offsets gains from the resources sector. IG market strategist Stan Shamu said the market was more or less following the lead of Wall Street which finished flat on Friday. He said ...

Market wrap

AAP  |  FRIDAY, 14 NOV 2014
Australia's share market has opened slightly lower, with the major banks lower and the big miners mixed. Lonsec senior client adviser Michael Heffernan said there had been a lack of major corporate or economic news to drive the market all week. "This ...