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Shares plunge on weak commodity prices

2015-03-30 09:09:10| Oil & Gas - Topix.net

The share market has tumbled more than one per cent as the energy sector bears the brunt of fresh falls in the oil price. Mining stocks also suffered as iron ore prices plunged four per cent to their lowest point in more than seven years on Friday.

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Aust shares fall on weak commodity prices

2015-03-30 09:09:08| Oil & Gas - Topix.net

Australia's share market has tumbled more than one per cent as the energy sector bears the brunt of fresh falls in the oil price. Energy stocks fell more than 4.5 per cent amid talk of easing sanctions that would allow Iran to ramp up crude oil production in an already flooded world market.

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Brent drops below $56 on weak demand

2015-03-30 01:00:00| Offshore Technology

The price of Brent crude oil fell below $56 a barrel today, on weak demand and a potential deal over Iran's nuclear programme.

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Weak El Nio arrives

2015-03-21 02:47:00| Beef

Based on the persistent observations of above-average sea surface temperatures across the western and central equatorial Pacific Ocean and consistent pattern of sea level pressure, we can now say that El Nio is here, explains Mike Halpert, deputy director of the Climate Prediction Center. read more

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Weak El Nio arrives

2015-03-21 02:47:00| Beef

El Niolong predicted and longer anticipated by manyis officially here, according to forecasters with National Oceanic and Atmospheric Administrations Climate Prediction Center (CPC). read more

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