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Global Airlines Are Winners Of Falling Crude Oil Prices

2015-01-20 20:21:21| Airlines - Topix.net

If there is one industry sure to benefit from the falling prices of crude oil in the world market, it would be the global aviation sector. The credit ratings agency Moody's said that 2015 will be a very favourable one as far as passenger airlines' financial performance is concerned, augmented by the lower fuel costs.

Tags: global prices oil falling

 

Flotek Industries: A Strong Oilfield Service Play As Crude Oil Prices Fall

2015-01-20 20:20:13| Chemicals - Topix.net

As the price of crude oil continues to trend lower in a steep dive, the volatile commodity has dragged along with it the share prices of numerous companies correlated to the oil and gas industry. In particular, oilfield service companies related to tight oil plays in North America have been hit amongst the hardest.

Tags: service play prices fall

 
 

Beyond Fort McMurray, oilpatch country feeling the pinch from low crude

2015-01-20 00:27:51| Energy - Topix.net

If low oil prices stick around much longer, the operations manager at Lac La Biche Transport Ltd. says he will have to layoff workers. Kevin Warawa says business in the town, about 200 kilometres northeast of Edmonton, is down by about a quarter compared to the same time a year ago and oilsands operators that hire his company to haul equipment are pushing for rates to be cut by up to a quarter.

Tags: low country fort feeling

 

Beyond Fort McMurray, oilpatch country feeling the pinch from low crude

2015-01-20 00:08:05| Oil & Gas - Topix.net

If low oil prices stick around much longer, the operations manager at Lac La Biche Transport Ltd. says he will have to layoff workers. Kevin Warawa says business in the town, about 200 kilometres northeast of Edmonton, is down by about a quarter compared to the same time a year ago and oilsands operators that hire his company to haul equipment are pushing for rates to be cut by up to a quarter.

Tags: low country fort feeling

 

Price of Brent crude oil falls further amid record oil production in Iraq

2015-01-19 01:00:00| Offshore Technology

The price of Brent crude oil declined below $50 a barrel following the announcement of record oil production in Iraq for December.

Tags: price record production oil

 

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