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CBC.caChina stock rout, oil gloom send markets lowerCBC.caHe said on Monday the firm was continuing to invest in oil and gas production capacity despite other cost-cutting plans. A senior Iraq oil official said its now record high output could continue to
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ReutersBounce in oil prices lifts energy shares, US stocksReutersNEW YORK The energy sector led the beaten-up U.S. stock market higher on Thursday as oil prices rebounded from 12-year lows. Major U.S. indexes climbed about 2 percent after dropping to 3-1/2
Admin 15.01.2016 0 61

ReutersOil prices bounce, boosting energy shares, US stocksReutersNEW YORK The energy sector led the beaten-up U.S. stock market higher on Thursday as oil prices rebounded from 12-year lows. Major U.S. indexes climbed about 2 percent after dropping to 3-1/
Admin 15.01.2016 0 51

ReutersUS shares gain as oil prices bounce off 12-year lowsReutersOil prices rose more than 1 percent, and the commodity's turn may have prompted investors to cover short positions in commodity-related shares, said Walter Todd, chief investment officer
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ReutersStocks and commodity currencies floored by new oil plungeReutersLONDON Share markets and heavily commodity-dependent currencies took a fresh beating on Thursday, having been floored again by the latest plunge in oil prices, this time to below $30 a
Admin 14.01.2016 0 92

ReutersStocks, oil bashed by China worries, North Korea nuclear testReutersSouring sentiment toward riskier assets in turn lifted safe-havens such as the Japanese yen, U.S. Treasuries, German Bunds and gold, while the pressure was firmly back on oil as bot
Admin 06.01.2016 0 51

Business InsiderOne of the world's major oil producers could face a huge problem in 2016Business InsiderTife Owolabi/ReutersA villager shows a bucket of of crude oil spill at the banks of a river, after a Shell pipeline leaked, in the Oloma community i
Admin 30.12.2015 0 53

CBC.caCanadian Oil Sands urges rejection of Suncor bid againCBC.caCanadian Oil Sands has once again urged its shareholders to reject a takeover offer by Suncor Energy, saying the purchase price is "undervalued" at around $4.5 billion. The board o
Admin 30.12.2015 0 52

CNBCOil prices up on forecasts for colder weatherRTE.ieOil prices rose by $1 a barrel today in thin trade amid prospects of colder weather in coming weeks but the outlook for 2016 remained subdued due to slowing global demand and abundant supplies from OPE
Admin 30.12.2015 0 53

CNBCEurope ends higher as oil rises; Anglo slips 6.3%CNBCHowever, other firms were posting strong gains, including Subsea 7 and Sbm offshore, as oil prices bounced back from Monday's trade. U.S. crude was up at $37.70 by Europe's close, while Brent
Admin 29.12.2015 0 51