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Oil M&A to pick up as low prices close buyer-seller price gap
2016-01-07 08:36:03| Oil & Gas - Topix.net
A disconnect between buyer and seller expectations after the plunge in crude oil prices depressed M&A activity in the oil and gas sector in 2015, but that gap is likely to close as oil prices remain depressed so dealmaking should pick up this year, according to global consultancy IHS. Global oil and gas transactions slumped 22 per cent in value in 2015 to $US143 billion, despite the boost from Royal Dutch Shell's $US85 billion agreement to buy BG Group, IHS said in its newly released M&A report.
Oil prices slide due to investor uncertainty in China
2016-01-07 01:00:00| Offshore Technology
Oil prices have dropped below $33 a barrel, with investors worried by a fall in Chinese equities.
Crude oil prices fall over weak manufacturing data from China
2016-01-05 01:00:00| Offshore Technology
Crude oil prices have fallen following weak Chinese manufacturing data.
US open: Stocks decline as oil prices reverse gains
2015-12-30 17:35:27| Auto Parts - Topix.net
US stocks declined as oil prices reversed gains and trading volumes were thin ahead of the New Year. The Dow Jones Industrial Average was down 0.07% while S&P 500 futures were down 0.11% and the S&P 500 fell 0.16%.
Oil Prices Rise as Wall Street Jumps Back
2015-12-29 23:56:22| Auto Parts - Topix.net
Mostly gains on Wall Street Tuesday as investors wonder if they'll see a year-end rally, otherwise known as the Santa Claus Rally, before 2016. The Nasdaq gained 66.95 to finish at 5107.94, while the S&P 500 ended the session at 2078.36, up 21.86 from its open.
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