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OPEC bid to kill off US shale sends oil price down to 2009 low : December 08, 2015,

2015-12-08 11:22:33| Electronics - Topix.net

Oil industry stocks tumbled on Monday, leading US stocks lower, as crude prices sank to their lowest close since February 2009 in the wake after decision of Organisation of the Petroleum Exporting Countries not to cut output dimmed the odds of any quick recovery in oil prices. Dow members ExxonMobil world's largest publicly traded international oil and gas company - and Chevron lost 2.6 percent and 2.7 percent respectively, while shale producer Continental Resources plunged 9.3 percent.

Tags: price december low oil

 

Chevron cuts Perth staff as oil price bites

2015-12-08 10:33:24| Oil & Gas - Topix.net

OIL and gas giant Chevron is cutting staff in Perth as part of a global workforce cull to combat low oil prices. THE Everest that suddenly burst into flames on a test drive does not warrant a recall of 1000 Everest SUVs or 100,000 Ranger utes, Ford state.

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OPEC bid to kill off US shale sends oil price down to 2009 low : December 08, 2015,

2015-12-08 10:33:23| Oil & Gas - Topix.net

Oil industry stocks tumbled on Monday, leading US stocks lower, as crude prices sank to their lowest close since February 2009 in the wake after decision of Organisation of the Petroleum Exporting Countries not to cut output dimmed the odds of any quick recovery in oil prices. Dow members ExxonMobil world's largest publicly traded international oil and gas company - and Chevron lost 2.6 percent and 2.7 percent respectively, while shale producer Continental Resources plunged 9.3 percent.

Tags: price december low oil

 

UK house price growth 'eases'

2015-12-08 09:48:46| BBC News | Business | UK Edition

UK house price growth eased last month, according to the latest survey from the Halifax.

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Energy stocks sink as oil price lowest since 2009

2015-12-08 01:17:16| Oil & Gas - Topix.net

New York a A sharp drop in the price of oil on Monday rattled investors and helped push stocks lower across several industries. Investors sold from the start of trading following a decision by OPEC last week not to cut production.

Tags: price energy lowest oil

 

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