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US stocks broadly lower; strong dollar hits oil and energy

2015-05-27 03:17:53| Telecom - Topix.net

U.S. stocks fell broadly Tuesday as investors fretted about Greece's debt crisis and soft demand for durable goods last month. A surge in the dollar pushed down energy prices, and, in turn, oil and gas stocks.

Tags: lower strong energy hits

 

Study: Oil And Natural Gas Stocks Outperform Other Assets In State Pension Funds

2015-04-29 02:48:31| oilandgasonline Home Page

Returns on state pension funds from investments in oil and natural gas companies continue to provide strong earnings for public pension retirees, including America’s teachers, firefighters and police officers, according to a Sonecon study released Tuesday by API. On average, $1 invested in oil and natural gas stocks in 2005 was worth $2.30 in 2013.

Tags: state study natural gas

 
 

10 Large-Cap Oil Stocks to Sell Immediately

2015-04-28 18:21:47| Oil & Gas - Topix.net

NEW YORK -- The steep decline in oil prices over the last year has forced oil companies to pull back on investments in production. The number of oil rigs operating in the U.S. has continued to drop and is now at the lowest level since 2010, according to oil services company Baker Hughes Even though brent crude oil prices have risen to roughly $65 a barrel -- a high for 2015 -- and U.S. West Texas Intermediate crude oil was just above $57, close to a six-week high, oil companies are still getting crushed.

Tags: sell immediately oil stocks

 

Global stocks subdued after recent gains, oil pushes higher

2015-04-14 15:22:12| Telecom - Topix.net

Global stocks were subdued on Tuesday after several indexes in Europe and Asia hit multi-year highs this week, while the price of oil pushed higher. KEEPING SCORE: France's CAC 40 was down 0.5 percent to 5,228.68 and Germany's DAX fell 0.5 percent to 12,278.95.

Tags: recent global higher oil

 

Gulf stocks rebound, oil climbs on dovish Fed statement

2015-03-20 03:14:55| Chemicals - Topix.net

DUBAI: Gulf stock markets rebounded Thursday after a dovish statement from the U.S. Federal Reserve lifted oil prices and sparked a rally in global equities, but food maker Savola Group weighed on Saudi Arabia after a profit warning. Oil prices jumped Wednesday after the Federal Reserve indicated it would raise U.S. interest rates more slowly than previously thought, overshadowing data showing U.S. crude inventories at a record level.

Tags: statement oil fed stocks

 

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