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Tag: rout
EU carbon price rout ?overdone?, but buy with caution -SocGen
2016-02-17 09:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Carbon Pulse: Analysts at French investment bank Societe Generale on Tuesday slashed their EU Allowance price estimates by 24% across the board but said the recent price rout has been overdone, recommending that its clients buy with caution. The analysts predict that front-year EUA prices will end 2016 at 6.80, they wrote in an emailed report, down from their previous view of 9.00 published last September but 45% above current levels near 4.70. Prices are then seen creeping up to 7 by the end of 2017, SocGen...
Tags: price
buy
carbon
caution
Us Stocks-Wall St down over 2 pct as tech rout deepens, oil drops
2016-02-08 21:02:19| Paper - Topix.net
Feb 8 Wall Street was deep in the red on Monday, as technology stocks extended a selloff from Friday and U.S. crude oil slipped below $30 per barrel, sending investors scurrying for cover to safe-haven assets. The technology-heavy Nasdaq Composite fell 2 percent to its lowest since October 2014, weighed down by Microsoft and Facebook, while the Dow Jones industrial average shed more than 300 points.
Global stock markets dive amid oil rout
2016-01-20 13:31:59| BBC News | Business | UK Edition
Stock markets worldwide have tumbled with investors unsettled by the continued slide in oil prices and fears about the impact on global growth.
Tags: stock
global
oil
markets
Shares in London slump amid oil rout
2016-01-20 09:42:23| BBC News | Business | UK Edition
The FTSE 100 slides almost 2% in early trading, partly due to a continued fall in oil prices.
Husky Energy cuts spending, scraps quarterly dividend amid oil rout
2016-01-20 01:13:00| Oil & Gas - Topix.net
Husky Energy is cutting $800 million from its capital spending plans for this year and suspending its dividend as it copes with the deep rout in crude prices. Husky's capital budget for 2016 is now pegged at between $2.1 billion and $2.3 billion, down from a previous range of $2.9 billion to $3.1 billion.
Tags: energy
oil
spending
quarterly
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