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Showing 611 - 620 of 2558 results for "Oil"

From oil at US$300 to oil at US$30

BENJAMIN ONG  |  MONDAY, 1 DEC 2014
And an oil, oil here, oil, oil there, everywhere an oil, oil. It had been on a slippery slope since prices peaked in the dying days of June this year, but 'twas only last week when the headlines splattered oil all over our faces and onto market consciousness. ...

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

AAP  |  THURSDAY, 27 NOV 2014
... firmed three cents to $2.82. Energy stocks were again getting battered ahead of a meeting of OPEC ministers to discussed the oil price crash. Woodside had eased 73 cents to $38.83 as it said it would push ahead with its $1.2 billion Persephone gas project ...

Big yawn on Wall Street

BENJAMIN ONG  |  WEDNESDAY, 26 NOV 2014
... 2.1% annualised rate recorded in the June quarter. The stronger US dollar and falling commodity prices, particularly crude oil, should keep prices on the down low in the months to come. This should allow Janet's Fed to keep "considerable time" more c ...

Market Wrap PM

AAP  |  TUESDAY, 18 NOV 2014
... 18 cents to $33.40 in early trade, while Rio Tinto added 31 cents to $60.21, but Fortescue Metals fell 4.5 cents to $3.135. Oil producer Woodside Petroleum lifted 10 cents to $39.20 while Santos climbed six cents to $12.04. Among the major banks, Commonwealth ...

Market wrap

AAP  |  MONDAY, 17 NOV 2014
... Billiton had gained 34 cents to $33.59, Rio Tinto had lifted 57 cents to $60.62, and Fortescue Metals was up 11 cents at $3.16. Oil producer Woodside Petroleum was 25 cents higher at $39.72 and Santos had lifted 16 cents to $12.14. Bonds underwear owner ...

Market Wrap AM

AAP  |  MONDAY, 17 NOV 2014
... picked up enough, just 0.02 per cent, for a new record as a possible Halliburton-Baker Hughes merger sparked buying in the oil services sector. In local economic news on Monday, the Australian Bureau of Statistics releases new motor vehicles sales figures ...