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Loonie lower as falling crude prices, shipments send trade deficit higher

2015-01-07 19:27:54| Energy - Topix.net

The Canadian dollar was lower Wednesday amid signs that the collapse in oil prices is adversely affecting Canada's trade balance. The loonie was off 0.22 of a cent to 84.33 cents US as data showed that falling oil exports during November helped push the merchandise trade deficit higher.

Tags: send prices lower higher

 

FTSE up as mining, oil shares resist crude slump

2015-01-07 04:24:08| Industrial Machines - Topix.net

Britain's top share index rose on Tuesday afternoon, reversing earlier losses and tracking a pan-European recovery in energy and mining stocks despite commodity-market concerns as oil prices hit 5-1/2-year lows. The rise came after a survey also showed growth in Britain's dominant services sector suffered its steepest decline in more than three years in December, marking another disappointing piece of economic data.

Tags: oil shares mining resist

 
 

Brent crude oil at new five-year low

2015-01-06 13:37:19| BBC News | Business | UK Edition

The price of Brent crude oil falls to a new five-and-a-half year low of $52.27 per barrel, its lowest level since May 2009.

Tags: low oil crude brent

 

Brent crude declines below $52 a barrel amid growing global supplies

2015-01-06 01:00:00| Offshore Technology

The price of Brent crude declined below $52 a barrel today as excess global supply worries continue to grow.

Tags: global supplies growing crude

 

Brent crude declines to five-and-a-half-year low due to excess global supplies

2015-01-05 01:00:00| Offshore Technology

The price of Brent crude oil declined to a five-and-a-half-year low today due to concerns over excess global supplies and weak demand.

Tags: due low global supplies

 

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