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Spring will demonstrate impact of oil price on Albertaa s real estate: expert

2015-02-12 01:36:24| Oil & Gas - Topix.net

Royal LePage says home sales in the spring real estate market will be the first indication of how lower oil prices have affected home sales in Western Canada. Chief executive Phil Soper told the Economic Club of Canada on Wednesday that job losses in the oil patch could lead to a "significant and extended downturn" in Alberta's real estate sector.

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Champion Oil Announces Price Decrease on Select Motor Oils and Lubricants

2015-02-10 11:31:41| Industrial Newsroom - All News for Today

Clinton, MO  Champion Oil, a major player in development and manufacturing of semi-synthetic and full synthetic motor oils, announced that effective February 6th, 2015 there will be a general posted price decrease of branded motor oils and lubricants by up to 3.5% on select SKU's. "Champion is pleased to be one of...

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Top Big-Cap Stocks: Airlines Hit By Oil Price Rebound

2015-02-10 02:14:36| Airlines - Topix.net

In turn, many of this week's Big Cap 20 stocks come from the medical, specialty finance and retail industries. are still well extended from buy points.

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Oil Price Dip, Global Slowdown Create Crosscurrents For U.S

2015-02-09 14:48:00| Climate Ark Climate Change & Global Warming Newsfeed

National Public Radio: Continued job growth has boosted prospects for the U.S. economy, but it continues to face some tricky crosswinds. The big drop in oil prices and a stronger dollar both help the economy and hurt it. Add to that the recent slowdown in global growth. Lots of economists have suggested the big drop in oil prices is a gift to consumers that will propel the economy. David Kotok of Cumberland Advisors is one of them. He argues that cheaper oil will ultimately be a positive. "The U.S. comes out a big...

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Statoil posts quarterly loss amid oil price slump

2015-02-06 10:59:52| Oil & Gas - Topix.net

Norwegian energy group Statoil ASA says it will cut back on investments and costs as the slump in oil prices prompted a loss in the fourth quarter despite higher production. Statoil's net loss in the fourth quarter was 8.9 billion kroner compared to a profit of 14.8 billion kroner in the same period in 2013.

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