All publications by tag «PRICE»
2015, September, 29, 20:40:00
GLENCORE IS DROWNING
Glencore has more than $10bn in short-term credit and has just raised a little under $2.5bn through an equity placing. Even at current commodity prices, it believes it can produce $3bn in free cash flow a year.
2015, September, 27, 19:55:00
2Q 2015: WORLD KEY FINANCIAL POINTS
Third-quarter 2015 results could show continued declines in profits, cash flow, and capital expenditure if crude oil prices continue to decline.
2015, September, 27, 19:35:00
HALLIBURTON CUTS 2,000 JOBS
Halliburton Co., the world’s second-largest oilfield services provider, has cut 2,000 more jobs, mostly in North America, the region hardest hit by the crude collapse.
2015, September, 24, 18:55:00
OIL PRICES: BELOW $60
A survey of 13 investment banks by The Wall Street Journal cut their average forecast for Brent crude, the international price gauge, by $9 to $58.70 a barrel, compared with last month’s survey. For West Texas Intermediate, the U.S. oil marker, the average forecast is for $54.40 a barrel, also down $9 from August.
2015, September, 24, 18:50:00
INDIAN INVESTMENTS TO IRAN: $15 BLN
India is ready to invest more than $15.2 billion to build projects in Iran including taking up full-scale development of Chabahar Port if Tehran offers better terms including cheaper gas, Shipping Minister Nitin Gadkari said on Wednesday.
2015, September, 21, 19:00:00
LOW OIL PRICES: $1.5 TN
Plunging oil prices have rendered more than a trillion dollars of future spending on energy projects uneconomic, according to a study that suggests that the impact on industry operators is worsening.
2015, September, 21, 18:55:00
OIL PRICES UP 1%
Oil rose by more than 1 percent on Monday after data showed U.S. drilling slowed and a report said $1.5 trillion worth of planned production was uneconomic at current prices.
2015, September, 21, 18:50:00
U.S. OIL DEBT UP
Results from second-quarter 2015 financial statements of a number of U.S. companies with onshore oil operations suggest continued financial strain for some companies. Low oil prices have significantly reduced cash flow for U.S. oil producers, and to adjust to lower cash flows, companies have reduced capital expenditures and raised more cash from debt and equity.
2015, September, 14, 19:00:00
RUSSIAN OIL PRICES: $50 - $60
Novak said the cost of shale oil production - between $45 and $60 per barrel - is seen as a benchmark for oil prices. He expects prices to be between $50 and $60 per barrel on average this year - in line with Russia's budget forecasts.
2015, September, 14, 18:45:00
2017: PRICES WILL RISE
“When you look forward to 2017, the market looks much more in balance,”