Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 591 - 600 of 2558 results for "Oil"

Australia according to Gov Glenn

BENJAMIN ONG  |  FRIDAY, 12 DEC 2014
... touch over recent months, but I don't think it's as dramatic really as some of the commentary might want to suggest." Sliding oil prices: "...bad news if you are a producer. But actually, historically, low oil prices have been good for the global economy." ...

Market wrap PM

AAP  |  THURSDAY, 11 DEC 2014
The Australian share market is lower, pulled back by the big miners and oil stocks. CMC Markets chief market strategist Michael McCarthy said energy stocks were under real pressure as crude oil prices sank to a fresh five-year low on worries about a ...

Oil slide, CEO pay and that "income recession"

BENJAMIN ONG  |  THURSDAY, 11 DEC 2014
Oil! Oil! Oil! It's on the slide again! Just when we thought, the price of that black gold has found its footing, fresh news of higher supply and inventories and predictions of lesser demand next year took the floor from under it. While I still maintain ...

Market Wrap AM

AAP  |  THURSDAY, 11 DEC 2014
... Wall Street's fall of more than one per cent amid an energy stock sell-off after OPEC cut its forecast on 2015 demand for oil. At 0911 AEST on Thursday, the December share price index futures contract was down 60 points at 5,191. In local economic news ...

Bad tidings for Christmas

BENJAMIN ONG  |  WEDNESDAY, 10 DEC 2014
... ol' Ebenezer Scrooge, make you, I and Irene hate Christmas. While we're still deciding where the floor is on the on-going oil price slide, more bad tidings our way came. There was the Shanghai Composite Index dropping by a whopping 5.4% -- and taking ...

Market Wrap AM

AAP  |  WEDNESDAY, 10 DEC 2014
... Godfreys Group is scheduled to list on the ASX. In Australia, the market on Tuesday closed 1.6 per cent lower, as a sharp drop in oil prices pulled back energy stocks, and resources stocks weakened. The benchmark S&P/ASX200 index was down 90 points ...

Market wrap PM

AAP  |  TUESDAY, 9 DEC 2014
A sharp slide in oil prices and a weak lead from Wall Street has dragged the local share market lower. The market was down around one per cent at noon, with mining and oil stocks the worst performers. Oil prices have slumped to fresh five year lows ...

The Grinch is stealing Christmas

BENJAMIN ONG  |  TUESDAY, 9 DEC 2014
... max it reached back in mid-October, its 20.2% jump overnight reflects the sudden attack of the jitters in financial markets. Oil's doing the limbo (how low can you go?). Brent oil dropped by 4.2% to a five-year low of US$66.14 a barrel; WTI oil's down ...

Market Wrap AM

AAP  |  TUESDAY, 9 DEC 2014
... dropped 14.77 (0.71 per cent) to 2,060.60, while the tech-rich Nasdaq Composite Index sank 40.06 (0.84 per cent) to 4,740.69. Oil-oriented equities suffered another down day as crude prices sank to a fresh five-year low on worries about a supply glut. ...

Global shares tipped amid slow local growth

JAMES FERNYHOUGH  |  MONDAY, 8 DEC 2014
... expect sluggish growth at best in 2015, as the fall in commodity prices flows on to the wider Australian economy. Plummeting oil prices and the resulting sudden fall in the domestic share market in early December led many commentators to raise the spectre ...