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$20 Oil No Longer Mirage as World Confronts 12-Year Low
2016-01-13 08:35:12| Oil & Gas - Topix.net
The world mostly ignored Ed Morse 11 months ago when the head of commodities research at Citigroup said oil could drop as low as $20. Crude futures in the U.S. sank into the $20s for the first time in more than 12 years on Tuesday, hours after BP Plc said it would slash an additional 4,000 jobs, Petroleo Brasileiro SA cut its spending plan and Petroliam Nasional Bhd.
Celadon Group, Inc. (CGI) Sets New 52-Week Low Following Analyst Downgrade
2016-01-13 02:50:09| Trucking - Topix.net
Celadon Group, Inc. reached a new 52-week low during trading on Tuesday after KeyBanc lowered their price target on the stock from $20.00 to $15.00, Market Beat Ratings reports. KeyBanc currently has an overweight rating on the stock.
Oil keeps falling. And falling. How low can it go?
2016-01-12 23:20:31| Oil & Gas - Topix.net
The price of oil continues to fall, extending a slide that has already gone further and lasted longer than most... . FILE - In this Wednesday, Feb. 25, 2015, file photo, more than 30 oil drilling rigs are idle in a Helmerich & Payne, Inc. yard in Odessa, Texas, along Highway 80, as rig counts drop in the Permian Basin.
Oil keeps falling. And falling. How low can it go?
2016-01-12 23:20:30| Oil & Gas - Topix.net
In this Wednesday, Nov. 25, 2015, photo, Cornelio Bonilla pumps gas at Best Food Mart gas station in Gainesville Ga. The price of oil continues to fall, extending a slide that has already gone further and lasted longer than most thought, and probing depths not seen since 2003.
Oil keeps falling. And falling. How low can it go?
2016-01-12 23:10:32| Energy - Topix.net
The price of oil continues to fall, extending a slide that has already gone further and lasted longer than most... . FILE - In this Wednesday, Feb. 25, 2015, file photo, more than 30 oil drilling rigs are idle in a Helmerich & Payne, Inc. yard in Odessa, Texas, along Highway 80, as rig counts drop in the Permian Basin.
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