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Biz Break: Oil prices plunge as OPEC challenges U.S.

2014-11-29 00:39:07| Energy - Topix.net

U.S. crude oil prices fell the most in five years Friday after OPEC decided not to curb the amount of oil its member countries produce in a challenge to growing production in the United States. Oil prices have been falling as the U.S. produces more oil from hydraulic fracturing, commonly known as fracking.

Tags: us prices break oil

 

OPEC upheaval delivers a broadside to major energy companies as oil prices plunge sharply

2014-11-28 16:19:59| Oil & Gas - Topix.net

A decision by OPEC this week to maintain current levels of oil production is hammering major energy companies in the U.S. and abroad. Many energy experts had expected the group of oil producing countries, which met in Vienna this week, to act to halt a free fall in the price of crude oil since this summer.

Tags: major prices companies energy

 
 

Oil price plunge hits energy stocks

2014-11-28 10:22:44| BBC News | Business | UK Edition

Shares in energy stocks fall further as investors continue to react to the sharp fall in oil prices following Thursday's Opec meeting.

Tags: price energy hits oil

 

Omega Protein's Q3 revenues plunge on low oil yield from menhaden harvest

2014-11-20 03:15:11| Livestock - Topix.net

Omega Protein suffered steep declines in revenues and earnings in its third quarter of 2014. Human nutrition segment revenues increased, but only partly offset declines in animal nutrition revenues.

Tags: low oil yield proteins

 

Movado shares plunge on forecast, slowing sales

2014-11-14 18:56:34| Jewelry - Topix.net

Shares of watchmaker Movado Group Inc. plunged more than 30 percent Friday after the company said slowing sales of its watches prompted it to warn that its third- and fourth-quarter results are likely to come in below Wall Street expectations. Movado also slashed its outlook for the full year.

Tags: sales shares forecast slowing

 

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