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UPDATED: Stocks sink, weighed down by another drop in price of oil
2016-02-03 04:15:41| Chemicals - Topix.net
New York - Another steep drop in the price of oil weighed on global markets Tuesday. Investors remained deeply concerned about the global economy following this week's disappointing Chinese and U.S. manufacturing data.  Energy stocks fell as oil giants Exxon Mobil and Chevron reported their worst quarterly results in more than a decade.
UPDATED: Stocks sink, weighed down by another drop in price of oil
2016-02-02 23:40:41| Oil & Gas - Topix.net
New York - Another steep drop in the price of oil weighed on global markets Tuesday. Investors remained deeply concerned about the global economy following this week's disappointing Chinese and U.S. manufacturing data.  Energy stocks fell as oil giants Exxon Mobil and Chevron reported their worst quarterly results in more than a decade.
Wall Street weighed down by energy, materials stocks
2016-01-25 21:08:50| IT Services - Topix.net
REUTERS: Wall Street looked set to snap a two-day rally in muted trade on Monday as retreating oil prices pulled down materials and energy stocks. Crude prices resumed their slide after a strong two-day run last week, falling more than 4 percent on news that Iraq flooded a heavily oversupplied oil market with record output.
Tags: street
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Crude Edges Higher From 6-Year Low as Stockpile Decline Weighed
2015-12-10 10:47:45| Oil & Gas - Topix.net
Oil edged higher from the lowest close in more than six years as investors weighed the significance of the first decline in U.S. inventories in 11 weeks. Futures rose as much as 1 percent in New York after closing 9.5 percent lower in the four days since OPEC's Dec. 4 decision to effectively abandon its output target.
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Asia shares weighed down by oil price
2015-12-03 02:41:42| BBC News | Business | UK Edition
Asian shares are lower on Thursday as falling oil prices weighed on energy stocks in the region.