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U.S. airlines rethink hedges as oil plunges
2016-01-22 16:23:34| Airlines - Topix.net
A passenger looks at a United Airlines airplane, painted with its new corporate logo, at a gate at Liberty International Airport in Newark, New Jersey February 7, 2011. . The lowest fuel prices for more than a decade are proving to be a double-edged sword for U.S. airlines.
Tags: oil
airlines
rethink
hedges
Stock slide accelerates, oil plunges below $30 a barrel
2016-01-15 20:42:55| Energy - Topix.net
Energy and financial companies led a broad tumble for U.S. stocks in afternoon trading Friday as the slump in the price of oil deepened, pulling crude below $30 a barrel. The Dow Jones industrial average was down more than 400 points as the market headed for its worst first two weeks of a year ever.
Stock slide accelerates, oil plunges below $30 a barrel
2016-01-15 19:23:16| Oil & Gas - Topix.net
Energy and financial companies led a broad decline for U.S. stocks in midday trading Friday as the slump in the price of oil worsened, pulling crude below $30 a barrel.
As oil plunges, energy companies cut jobs, postpone projects
2016-01-12 22:20:37| Oil & Gas - Topix.net
The world's biggest oil companies are slashing jobs and backing off major invest... . In this Wednesday, Nov. 25, 2015, photo, Cornelio Bonilla pumps gas at Best Food Mart gas station in Gainesville Ga.
Tags: jobs
companies
energy
cut
As oil plunges, energy companies cut jobs, postpone projects
2016-01-12 22:20:36| Oil & Gas - Topix.net
The world's biggest oil companies are slashing jobs and backing off major investments as the price of crude falls to new lows - and there may be more pain to come. Companies like BP, which said Tuesday it is cutting 4,000 jobs, are slimming down to cope with the slump in oil, whose price has plummeted to its lowest level in 12 years and is not expected to recover significantly for months, possibly years.
Tags: jobs
companies
energy
cut
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