98 points, or 0.18 percent, at 15,510.54 * Eight of the 10 main index sectors advance * Energy stocks rise with price of oil By John Tilak TORONTO, Sept 16 (Reuters) - Canada's main stock index edged higher on Tuesday, driven by gains in most
like hedge fund billionaire David Einhorn who have taken a significant stake in McDermott. In the recent downdraft in the price of oil , it appears that the market has completely overlooked all of these positives. Stocks like McDermott have been hammered in
MOSCOW, Sept 16 (Reuters) - Persisting political tensions should help send crude oil prices back above $100 per barrel in coming quarters and they should then stay there through 2017, Russia's central bank said on Tuesday.
NEW YORK, Sept 16 (Reuters) - Energy shares were trading higher on Wall Street Tuesday, putting the S&P energy index on track for a second straight day of gains as oil prices showed signs of stabilizing.
MOSCOW, Sept 16 (Reuters) - The Russian central bank sees crude oil prices returning to above $100 per barrel in coming quarters and staying above that mark in 2016-2017, according to the bank's...
VIENNA, Sept 16 (Reuters) - Russia did not discuss any coordination on oil prices during a meeting with OPEC on Tuesday, Russian Energy Minister Alexander Novak said.
economy. As a commodity, crude oil prices are volatile and fluctuate based ..... a pipeline can cause the global price of oil to shoot up. If wars, rebels and ..... prices. In recent weeks, crude oil prices have actually fallen. From over
base production in the Niobrara, material outspending relative to internally generated cash flow, and the recent decline in oil prices , the stock does not appear to be a bargain. However, Bonanza's valuation needs to be taken in the context of the DJ Basin
NEW YORK, Sept 15 (Reuters) - Oil prices slid to a 26-month low on Monday, and many other commodities also fell in a selloff that drove a sector benchmark near its lowest level this year on discouraging data out of China along with a stronger U.S. dollar.
MOSCOW, Sept 15 (Reuters) - Russia's rouble fell to a record low against the dollar on Monday, as Russian companies made payments on foreign debt, oil prices dropped and markets came to expect the central bank would not intervene to defend the currency.