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Slumping oil prices to impact home prices in Calgary in 2015: Re/Max report
2014-12-10 14:29:06| Real Estate - Topix.net
Slumping oil prices are likely to impact Calgary's real estate market in the coming year, causing home prices to slow their rapid acceleration in Alberta's largest city, according to a report by realtor group Re/Max. The average sale price of a Calgary home is expected to rise by only three per cent in 2015 to $497,500 after shooting up six per cent in 2014, as more buyers are expected to sit on the sidelines to see if the recent slump in oil prices will make houses cheaper.
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Energy stocks punished on Toronto market as oil prices continue to plunge
2014-12-08 23:53:57| Oil & Gas - Topix.net
There were more signs of belt-tightening in the oilpatch Monday, as oil prices continued their downward slide and energy stocks were pummelled. Precision Drilling Corp. and Vermilion Energy Inc. were among the Canadian energy firms to cut capital budgets for next year, in addition to Trilogy Energy Corp. , which is also halted its dividend "given the current market environment."
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prices
Energy stocks punished on Toronto market as oil prices continue to plunge
2014-12-08 23:38:09| Energy - Topix.net
There were more signs of belt-tightening in the oilpatch Monday, as oil prices continued their downward slide and energy stocks were pummelled. Precision Drilling Corp. and Vermilion Energy Inc. were among the Canadian energy firms to cut capital budgets for next year, in addition to Trilogy Energy Corp. , which is also halted its dividend "given the current market environment."
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market
continue
prices
Low Oil Prices Impacting US Shale Investment
2014-12-08 20:28:25| Energy - Topix.net
With oil prices in free fall, the fear is that hunting for new shale in the U.S. may just not be that profitable. ConocoPhillips became the first major U.S. oil company on Monday to reveal that it is slashing spending for 2015.
Tags: low
prices
investment
oil
Low Oil Prices Impacting US Shale Investment
2014-12-08 19:49:20| Oil & Gas - Topix.net
With oil prices in free fall, the fear is that hunting for new shale in the U.S. may just not be that profitable. ConocoPhillips became the first major U.S. oil company on Monday to reveal that it is slashing spending for 2015.
Tags: low
prices
investment
oil
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