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Showing 491 - 500 of 2558 results for "Oil"

Market wrap

AAP  |  FRIDAY, 17 APR 2015
... Tinto was down 86 cents at $55.01 and Fortescue Metals had slipped 8.5 cents to $1.87. Energy stocks were boosted by higher oil prices, with Woodside Petroleum up 21 cents at $35.69, while Santos had gained seven cents to $8.00 despite suffering a 24 ...

Market Wrap AM

AAP  |  FRIDAY, 17 APR 2015
... losses. The gains follow a positive lead from Wall Street, where another batch of weak figures was offset by a pick-up in oil prices, an upbeat Federal Reserve economic report and hopes for lower rates for a little longer. Shanghai surged 2.71 per cent ...

Market Wrap AM

AAP  |  THURSDAY, 16 APR 2015
... tech-rich Nasdaq Composite Index jumped 33.73 (0.68 per cent) to 5,011.02. Dow member ExxonMobil rose 1.7 per cent and Marathon Oil surged 4.4 per cent as US crude prices finished at a 2015 peak. Bank of America fell 1.1 per cent after first-quarter ...

Market wrap

AAP  |  WEDNESDAY, 15 APR 2015
... can these valuations (of the banks) go," he said. Lennox said the resources sector was benefiting from higher iron ore and oil prices. Lennox said afternoon trade would largely depend upon Chinese GDP and production figures. Official figures out of China ...

IMF predicts drop in foreign earnings

DARREN SNYDER  |  WEDNESDAY, 15 APR 2015
... said. The IMF has cautioned that monetary policy should not respond to the decline in headline inflation from the drop in oil prices. It says Australia's monetary policy assumptions are in line with market expectations. "Loosening is called for if the ...

Market wrap

AAP  |  TUESDAY, 14 APR 2015
... $1.815 as it said it was reorganising rosters for its iron ore mine workers in its latest response to plunging iron ore prices. Oil and gas producer Woodside Petroleum was off 23 cents at $34.74, and Santos gained eight cents to $7.72. Among the major ...

Market wrap

AAP  |  FRIDAY, 10 APR 2015
... lifted the market as investors bet on more large energy mergers following Royal Dutch Shell's takeover of BG Group. Locally, oil and gas producer Woodside Petroleum had added 57 cents at $34.70 and Santos had gained 14 cents to $7.51.

Sovereign wealth funds growing despite falling commodity prices

ALEX BURKE  |  FRIDAY, 10 APR 2015
Assets under management increased for the majority of sovereign wealth funds in 2014 despite steadily declining oil and commodity prices, according to research by Preqin. This is significant, Preqin argues, because many sovereign wealth funds rely on ...

Market wrap

AAP  |  THURSDAY, 9 APR 2015
The Australian stock market is flat with energy stocks weaker on heavy oil price falls. In early trade on Thursday, mining and energy stocks had given up most of Wednesday's strong gains, IG market strategist Evan Lucas said. And, he said, there was ...

Market wrap

AAP  |  WEDNESDAY, 8 APR 2015
The share market has been boosted by a lift in iron ore and crude oil prices and continued expectation of lower interest rates. The market had put aside a weak lead from Wall Street and investors were focusing on the outlook for Australian interest ...