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OPEC Finding U.S. Shale Harder to Crack as Rout Deepens: Energy

2014-10-16 00:11:11| Oil & Gas - Topix.net

OPEC is resisting pressure to cut oil production while demand slumps as it tests how low prices must go to make U.S. shale oil unprofitable. As producers become more efficient, that floor is sinking.

Tags: energy finding crack harder

 

There Has Been A Massive Rout In Oil Drillers And We Might Be Nowhere ...

2014-10-15 20:13:11| Oil & Gas - Topix.net

There Has Been A Massive Rout In Oil Drillers And We Might Be Nowhere Near The Bottom On Wednesday, crude fell below $81 a barrel, its lowest level since 2012 and more than 20% lower than it was this past summer when it was trading above $105. There are numerous possible reasons for and repercussions from this decline, but one sector of the market has really been taking it on the chin as crude has tumbled: oil drillers.

Tags: be we might oil

 
 

OPEC Finding U.S. Shale Harder to Crack as Rout Deepens: Energy

2014-10-15 12:48:18| Energy - Topix.net

OPEC is resisting pressure to cut oil production while demand slumps as it tests how low prices must go to make U.S. shale oil unprofitable. As producers become more efficient, that floor is sinking.

Tags: energy finding crack harder

 

Analysts see yuan rout over as China bumps up rate

2014-05-13 08:57:02| Automakers - Topix.net

Since falling as much as 3.5 per cent from mid-January to the end of last month, the yuan has rebounded and is headed back toward its record high of 6.0393 per dollar.

Tags: up rate china analysts

 

Asian Stocks Plunge on U.S. Manufacturing, Extending Global Rout

2014-02-04 16:05:05| Automakers - Topix.net

Asian stocks fell, with the regional benchmark index dropping the most since June, after data showing weaker-than-expected growth in U.S. manufacturing helped extend a rout that wiped about $2.9 trillion from the value of global equities this year.

Tags: global manufacturing asian stocks

 

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