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Tag: oil prices
Falling Oil Prices Hit Levels Not Seen Since 2009
2015-12-07 23:17:28| Oil & Gas - Topix.net
Oil prices fell to their lowest levels in seven years, after OPEC officials failed to agree Friday on how to address the global supply glut. By midday Monday, Brent crude futures fell 5 percent to $40.68 a barrel, the lowest price since 2009.
Plunging oil prices drag down Wall Street
2015-12-07 19:17:30| Oil & Gas - Topix.net
REUTERS: Wall Street started the week in the red as energy and raw material stocks took a hit, with oil prices falling to their lowest in nearly seven years. Brent crude prices dropped to US$41.38 and U.S. crude fell to US$38.15 a barrel, after OPEC's meeting ended last week without a reference to its output ceiling.
Crude oil prices fall as OPEC fails to agree on oil production
2015-12-07 01:00:00| Offshore Technology
Crude oil prices have dropped after the Organization of the Petroleum Exporting Countries (OPEC) failed to agree on a production ceiling to cut oversupply.
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With oil prices facing more pressure, airlines rally
2015-12-05 01:14:35| Airlines - Topix.net
OPEC's decision to maintain production levels -- and put more pressure on oil prices -- is boosting a fuel-dependent sector as airline stocks rally. Outstripping market gains today: United Continental ; Delta Air Lines ; and American , as well as smaller carriers.
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Crude oil prices rise ahead of OPEC meeting in Vienna
2015-12-04 01:00:00| Offshore Technology
Crude oil prices have increased due to the Organization of the Petroleum Exporting Countries (OPEC) meeting in Vienna.
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