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Oil prices drop as IEA sees demand growth cooling

2015-06-12 01:46:40| Oil & Gas - Topix.net

Oil prices retreated on Thursday after two days of gains as the International Energy Agency predicted that a recent surge in world crude demand was set to end. NEW YORK: Oil prices retreated on Thursday after two days of gains as the International Energy Agency predicted that a recent surge in world crude demand was set to end.

Tags: prices growth oil drop

 

U.S. weather forecaster sees El Nino likely to last into 2016

2015-06-11 16:36:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: A U.S. weather forecaster warned on Thursday the El Nino weather pattern that can cause droughts in Asia and heavy rain in the Americas will likely last into next year, longer than previously expected and potentially roiling crops and commodity prices. The Climate Prediction Center (CPC), an agency of the National Weather Service, pegged the chances of El Nino weather conditions continuing into the Northern Hemisphere's 2015-16 winter at 85 percent, becoming the first major forecaster to say the...

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Gulf Stream Sees Sales Gains for 'Lodge Series'

2015-06-10 20:09:35| Mobile Homes - Topix.net

Gulf Stream Coach Inc. is reporting solid consumer demand for the company's 41-foot 406 FLR Lodge Series floorplan in its Conquest/Innsbruck brands. "We're extremely excited about the rapidly expanding sales of our Lodge Series floorplans, driven by the newest 'star of the show' that first appeared in Louisville last fall, the quad-slide 406FLR," said National Sales Manager Randy Baskerville in a press release.

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Companhia Siderurgica Nacional Sees Significant Drop in Short Interest

2015-06-10 13:04:58| Steel - Topix.net

Companhia Siderurgica Nacional was the target of a large decline in short interest in the month of May. As of May 15th, there was short interest totalling 36,937,355 shares, a decline of 9.9% from the April 30th total of 41,000,074 shares, Marketbeat reports. Based on an average daily volume of 3,356,160 shares, the days-to-cover ratio is presently 11.0 days.

Tags: short interest significant drop

 

China sees greenhouse gas 'progress'

2015-06-08 01:43:00| Climate Ark Climate Change & Global Warming Newsfeed

BBC: China's greenhouse gas emissions could start to decline within 10 years, according to a report from the London School of Economics. This would be five years earlier than expected and would offer a boost towards efforts to protect the climate. The shift has been partly caused by a massive commitment to renewables. China is the world's top investor in wind and solar power. It has also been replacing old coal plants with cleaner new stations. 'Under-promise and over-deliver' Many of the changes...

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