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Toronto stock market heads lower amid falling crude prices, earnings news

2014-11-12 17:07:27| Oil & Gas - Topix.net

Oil and gas stocks led the way to a lower session on the Toronto stock market amid rising oil prices and an earnings report from energy sector heavyweight Encana that fell short of expectations. Trading is expected to be more active as banks, businesses and Treasury markets were closed Tuesday for Remembrance Day in Canada and Veterans Day in the U.S. New York indexes also declined with the Dow Jones industrials down 69 points to 17,545.9, the Nasdaq gave back 12.3 points to 4,648.26 and the S&P 500 index fell 6.56 points to 2,033.12.

Tags: news market stock prices

 

Toronto stock market heads lower amid falling crude prices, earnings news

2014-11-12 16:24:46| Energy - Topix.net

Oil and gas stocks led the way to a lower session on the Toronto stock market amid rising oil prices and an earnings report from energy sector heavyweight Encana that fell short of expectations. Trading is expected to be more active as banks, businesses and Treasury markets were closed Tuesday for Remembrance Day in Canada and Veterans Day in the U.S. New York indexes also declined with the Dow Jones industrials down 69 points to 17,545.9, the Nasdaq gave back 12.3 points to 4,648.26 and the S&P 500 index fell 6.56 points to 2,033.12.

Tags: news market stock prices

 
 

Brent crude drops towards $81 despite oil supply disruptions in Libya

2014-11-12 01:00:00| Offshore Technology

The price of Brent crude dropped near $81 a barrel today amid concerns of a surging supply glut, outweighing supply disruption worries in Libya.

Tags: in supply oil drops

 

Brent crude oil trades at about $82 due to strong US dollar

2014-11-11 01:00:00| Offshore Technology

The price of Brent crude traded at approximately $82 a barrel, just above the recent four-year low, due to a strong US dollar.

Tags: us due strong oil

 

Liberia Braces for Next National Crisis: A Crude Oil Boom

2014-11-10 19:55:50| Oil & Gas - Topix.net

NEW YORK -- Forget Ebola. The next big thing to come out of Liberia may be crude oil.

Tags: national oil crisis boom

 

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