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Showing 581 - 590 of 2558 results for "Oil"

Market wrap

AAP  |  FRIDAY, 16 JAN 2015
... was 59 cents higher at $27.49, Rio Tinto had lifted 26 cents to $53.92, and Fortescue Metals had firmed four cents to $2.31. Oil and gas producer Santos was up six cents at $7.42, but Woodside Petroleum had fallen 52 cents to $34.54. The oil market has ...

Market wrap

AAP  |  THURSDAY, 15 JAN 2015
... $1.17 to $54.37 and Fortescue Metals slid six cents to $2.28. But energy stocks did better thanks to the overnight rise in oil prices. Santos gained 24 cents to $7.60 in early trade, while Oil Search lifted 16 cents to $7.35. Woodside Petroleum was up ...

Nearly there?

BENJAMIN ONG  |  WEDNESDAY, 14 JAN 2015
... too) complains. You really don't appreciate what you have until you've lost it, ey? And we may get more of it for as long as oil dances the limbo... but perhaps, it won't be long now. That's if Goldman Sachs' assessment that supply-demand equilibrium ...

Fossil fuel divestment gathers pace

ALEX DUNNIN  |  TUESDAY, 13 JAN 2015
... correction being experienced by the global resources sector that is being reinforced by the collapse in global energy and oil prices. Indeed only two of the companies have experienced share price gains while some of the falls have been as large as 40 ...

Market wrap

AAP  |  TUESDAY, 13 JAN 2015
The Australian sharemarket has opened lower following another slide in oil prices overnight. The market is around 0.7% lower. That follows a fall of more than 0.5% on Wall Street's Dow Jones Industrial Average and a 0.8% decline in its S&P 500 overnight. ...

Oil price shock, nice

BENJAMIN ONG  |  TUESDAY, 13 JAN 2015
I thought that in my lifetime I would never see someone out there in this galaxy wishin' and hopin' and prayin' higher oil prices to be. (Apart from those extracting, producing, investing in and lending to oil companies and nations, that is). And oh ...

Market wrap

AAP  |  MONDAY, 12 JAN 2015
... as commodity prices dropped on Friday, CommSec market analyst Stephen Daghlian said. "Almost all base metals, iron ore and oil all fell back on Friday, so that was always going to make things difficult for mining and energy stocks and that's exactly ...

Auld lang syne

BENJAMIN ONG  |  MONDAY, 12 JAN 2015
... over" and that, by the end of 2015 "there will be minus signs in front of returns for many asset classes." This is true for oil - that good news being spun as bad news. It doesn't matter what measure you track (Brent or West Texas Intermediate), the ...

Santa's bargains

BENJAMIN ONG  |  MONDAY, 15 DEC 2014
... Virginia, there is a Santa Claus." (The New York Sun, 21 Sep 1897). It's hard to believe too given the depressing headlines about oil's slide (and more to follow), its negative repercussions for junk bonds, and lenders to oil companies, and oil producers ...

Market wrap

AAP  |  FRIDAY, 12 DEC 2014
... major banks and the resources sector. CMC Markets chief market analyst Ric Spooner says ongoing concern about the falling oil price because of oversupply is hurting the resources sector. "It (the fall in the oil price) is reflecting a story of overcapacity,"A ...