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

Search Results

Showing 661 - 670 of 1065 results for "oil prices"

Market wrap - midday

AAP  |  FRIDAY, 14 DEC 2007
... off," Mr Wacher said. "I guess the materials and energy sectors are off on the back of the commodity prices overnight. Oil prices and all the base metals took a bit of a beating and similarly with the gold price which was off quite substantially." Mr ...

Market Wrap - Midday

AAP  |  MONDAY, 10 DEC 2007
... to $43.79 and Rio Tinto was up $1.78 to $147.26. In the US overnight, stocks were little changed as a sharp drop in oil prices and signs of resilience in the labour market offset concerns that tighter credit was hurting consumer spending. Data showing ...

Market Wrap - Morning

AAP  |  MONDAY, 10 DEC 2007
... the All Ordinaries gained 53.5 points to 6714. NEW YORK - US stocks ended little changed on Friday as a sharp drop in oil prices and signs of resiliency in the labor market offset concerns that tighter credit is hurting consumer spending. Data showing ...

Market Wrap - Morning

AAP  |  FRIDAY, 7 DEC 2007
... companies, including Exxon Mobil Corp, helped buoy the Dow and the S&P 500, driven higher by a resurgence in crude oil prices back above $US90 a barrel. Speaking from the White House, Bush said an estimated 1.2 million homeowners could be eligible for ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 5 DEC 2007
... Shares of financial companies, including American Express and Bank of America Corp led declines. Another drop in crude oil prices also weighed on shares of energy companies, including Exxon Mobil Corp. In a sign of growing unease about the credit squeeze ...

Oil prices a two-way street

ALEX DUNNIN  |  MONDAY, 3 DEC 2007
Record high oil prices is fuelling the Middle East to export nearly as much capital as they do oil, tying their economies to that of the west and acting as a brake on ever higher fuel prices. Saudi Arabia produces about one-third of the world's oil ...

Market Wrap - Morning

AAP  |  MONDAY, 3 DEC 2007
... soon unveil a plan to help stem the subprime mortgage crisis. Investors were also emboldened by the week's big drop in oil prices, which was within $1 of the $100 mark at the beginning of the week, feeding fears that high gasoline prices would depress ...

US Fed hints rates holiday may be over

ALEX DUNNIN  |  FRIDAY, 30 NOV 2007
... problem is the fall-out dropping US rates so much below world rates have had in driving down their currency and causing oil prices to explode into US$90-100 zone. Reactions are so bad that many economists are now warning of a global slowdown, contracting ...

Perfect storm

ALEX DUNNIN  |  THURSDAY, 29 NOV 2007
High oil prices and a shrinking US dollar signal an economic perfect storm looming on the horizon, warns the International Monetary Fund (IMF). Simon Johnson, IMF chief economist told ABC TV's Business Lateline program last night that the credit crisis ...

Market wrap - midday

AAP  |  WEDNESDAY, 28 NOV 2007
... purchase of a of 4.9 per cent stake in Citigroup Inc spurred a rebound in the financial sector. A sharp slide in crude oil prices also underpinned the market, helping shares of retailers and big manufacturers. The Dow Jones industrial average ended up ...