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Oil Drops as Deeper OPEC Discounts Signal Fight for Market Share

2014-12-09 13:37:26| Oil & Gas - Topix.net

Brent and West Texas Intermediate fell to a five-year low as Iraq followed Saudi Arabia in cutting prices for crude sales to Asia, adding to signs that OPEC's biggest members are defending market share. Futures dropped as much as 1.4 percent in London to the weakest intraday price since September 2009.

Tags: share market oil fight

 

Oil Drops as Deeper OPEC Discounts Signal Fight for Market Share

2014-12-09 11:01:55| Energy - Topix.net

Brent and West Texas Intermediate fell to a five-year low as Iraq followed Saudi Arabia in cutting prices for crude sales to Asia, adding to signs that OPEC's biggest members are defending market share. Futures dropped as much as 1.4 percent in London to the weakest intraday price since September 2009.

Tags: share market oil fight

 
 

Japan recession deeper than forecast

2014-12-08 02:14:46| BBC News | Business | UK Edition

Japan's economy shrank more than initially forecasted in the third quarter, according to revised gross domestic product (GDP) figures released on Monday.

Tags: japan forecast deeper recession

 

Developing nations urge deeper climate cuts to zero emissions

2014-12-03 00:55:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Developing nations called on the rich on Tuesday to do more to lead the fight against climate change in line with scientific findings that global greenhouse gas emissions should fall to net zero by 2100 to avert the worst impacts. About 190 nations are meeting in Lima from Dec. 1-12 to decide elements of a deal, due to be agreed in Paris in a year's time, to reverse a steady rise in greenhouse gases to limit risks of more floods, droughts, heat waves and rising sea levels. Tuesday underscored...

Tags: developing nations climate cuts

 

Australia stocks dragged down deeper by energy, gold

2014-12-01 02:25:17| Automakers - Topix.net

Australian stocks slid further downhill Monday morning as strength in airlines and a few of the financials proved unable to offset further heavy losses for the energy and gold shares, with the S&P/ASX 200 down 0.6% in early moves. After taking monster losses in the previous session, the energy sector received more punishment amid weakness in crude oil.

Tags: australia gold energy stocks

 

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