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Energy crash hits share market hard

2014-12-01 12:54:29| Energy - Topix.net

Australia's energy sector has suffered its biggest two-day loss since before the global financial crisis, wiping $12.3 billion from the sector's market capitalisation, following OPEC's refusal to cut oil output. The benchmark S&P/ASX200 energy sub-index has slumped 13.4 per cent over the last two sessions, plummeting 1707.93 points to 11073.36 points.

Tags: share hard market energy

 

Oil crash hits share market hard

2014-12-01 06:44:03| Oil & Gas - Topix.net

The dramatic drop in global oil prices is causing havoc in the local energy sector, where falls are leading a more than $50 billion decline in the ASX's value over the past two days. Here are some numbers on the scope of the carnage among oil and gas stocks: Australia's energy sector has suffered its biggest two-day loss since before the global financial crisis, wiping $12.3 billion from the sector's market capitalisation , following OPEC's refusal to cut oil output.

Tags: share hard market hits

 
 

Markets Live: Oil slide hits ASX hard

2014-12-01 05:25:00| Grocery - Topix.net

There's no end to the savage slide in global oil prices, which is taking a huge toll on the local energy sector, while Metcash slumps on a poor earnings and the dollar plumbs new four-year lows. Oil prices are continuing to slide , with US crude falling more than $US2 to a five-year low today, while Brent futures have touched a fresh four-year low, extending a steep sell-off after OPEC decided not to cut production last week , keeping markets well supplied.

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'Hard services' at the latest quarterly training day

2014-11-25 10:01:00| BIFM News

The latest quarterly training day delivered by the BIFM South West region was a very concentrated and informative day, focusing on hard services.

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Think Different: Tillage traditions die hard

2014-11-20 18:24:00| Corn & Soybean Digest

Oh, the aroma of fresh-tilled soil. You know what Im talking about that amazing and wonderful odor given off as steel slices and turns dark that golden carpet of crop residue. That wonderful scent soured given what I saw on a Minnesota field this fall. Dark fields with little to no corn residue. read more

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