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Low Oil Prices Not Hindering Norway's Stock Market

2015-04-11 13:47:59| Oil & Gas - Topix.net

While low oil prices persist, companies such as Statoil have risen sharply by over 20% since the beginning of 2015. In spite of lower oil prices persisting throughout the past few months, Norway's stock market has continued to thrive.

Tags: low market stock prices

 

US: collapsing oil prices spark bullish predictions for auto sales

2015-04-01 11:31:01| Auto Dealers - Topix.net

The US auto industry is tracking towards achieving its sixth annual sales growth, one of the longest positive streaks in history and the continued low oil prices are bringing in forecasts that preview even better figures. The automotive industry seems to have taken the fast lane, for at least the next two years, according to economists discussing the situation during the NADA/JD Power Automotive Forum.

Tags: auto sales prices oil

 
 

Recycled Water Industry Suffers As Oil Prices Drop

2015-03-31 06:34:52| oilandgasonline Home Page

Dropping oil prices are a setback for recycled water companies that serve oil and gas industry sites and could slow technological advancement in this sector.

Tags: water prices industry oil

 

Pros & Cons: How Current Oil Prices Affect the Industry

2015-03-27 11:31:14| Industrial Newsroom - All News for Today

It is increasingly evident the importance actuators have in the oil and gas industry. Actuators play a vital role in virtually every aspect of operations at every refinery. With the recent decline of gas prices in the United States, it is important to understand what this means for the oil and gas industry as well...

Tags: the current prices industry

 

Low oil prices prompt job cuts at Skiatook, Oklahoma, plant

2015-03-27 07:58:13| Industrial Machines - Topix.net

An Ohio-based company that operates an oil-related product manufacturing plant in Skiatook is laying off 40 of its workers there, a company spokeswoman said Thursday. Worthington Industries in Skiatook employs about 100 workers, and the company cut 40 jobs Tuesday, said Cathy Lyttle, Worthington Industries communications vice president.

Tags: low job prices oil

 

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