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Platts London Oil Forum whats behind the oil price fall?

2015-02-10 01:00:00| Offshore Technology

Increased supply, better innovation, slow growth in key markets and America replacing OPEC as the swing producer have all contributed to the fall in oil price, oil industry executives heard at the Platts London Oil Forum 2015. We report all the key

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Greek bank shares fall on exit fears

2015-02-09 13:51:14| BBC News | Business | UK Edition

Greek bank shares have fallen sharply after the country's finance minister warned this weekend the euro would collapse if Greece leaves the eurozone.

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Russian car sales may fall up to 35% in 2015, PwC says

2015-02-09 13:25:12| Auto Dealers - Topix.net

Russian new-car sales are expected to decline by 25 to 35 percent this year as a weakening ruble and a sharply declining economy hit demand, accounting firm PricewaterhouseCoopers said. PwC said in a presentation that sales could reach 1.52 million to 1.75 million units, compared to 2.34 million in 2014, when registrations were down 10 percent in annual terms.

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Exxon, Chevron set to boost production as prices fall

2015-02-08 16:07:46| Chemicals - Topix.net

Exxon Mobil has been working for years on a fleet of enormous new oil and gas projects in places such as Abu Dhabi, Russia, Papua New Guinea, and the Gulf of Mexico designed to turn around what has been a consistent and alarming slide in oil and gas production. A record 8 of these megaprojects came online last year, Exxon said Monday -- just as oil prices were falling by more than half.

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Three Reasons To Let Akorn Fall Into Your Portfolio

2015-02-07 20:34:52| Biotech - Topix.net

It might show even more strength in future quarters, thanks to several trends working in its favor. As reported last month in IBD, the Lake Forest, Ill.-based company has a competitive advantage over many rivals due to its area of specialization.

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