Posts Tagged ‘hurricane’

CANADA FX DEBT-C$ firms moderately, sentiment stays cautious

by on November 15, 2012 3:02 pm GMT
Thu Nov 15, 2012 10:02am EST * Canadian dollar at C$1.0011 vs US$, or 99.89 U.S. cents * U.S. jobless claims surge on Sandy * Canadian manufacturing sales up on aerospace gains * Focus stays on U.S. fiscal cliff, Europe debt crisis By Solarina Ho TORONTO, Nov 15 (Reuters) - The Canadian

Brent falls on demand worries

by on November 14, 2012 4:23 am GMT
The adviser to industrialised nations on energy policy said Opec-member Iran's exports jumped by a third to 1.3 million barrels per day in October from the earlier two months. That added additional pressure on prices already weak as the US and Europe grapple with their financial woes.Brent crude declined 12

Oil down about 4% after US vote

by on November 8, 2012 12:19 am GMT
Lopping off Tuesday's US election day gains, crude fell faster than the Dow Jones Industrial average, which was off more than 2%, Reuters reported.US oil inventory data, showing increases in crude and refined products last week after massive disruptions caused by Hurricane Sandy on the northeastern coast, added to

Chevron takes profits dive

by on November 2, 2012 1:51 pm GMT
The second-largest US oil company reported a 33% drop in net income to $5.3 billion, from a record $7.8 billion a year ago, as its revenue declined from $61 billion to $56 billion.Chevron’s oil and gas production fell to 2.52 million barrels of oil equivalent per day in the