Simba Energy Inc. (TSXV:SMB,FWB:GDA,OTCCBB:SMBZF) reported the Board of Directors intend to re-price 21,161,250 share purchase warrants issued on January 20, 2011, subject to approval.
Continue reading "Simba Energy Inc : Simba Re-Prices Warrants"
Friday, June 12, 2009
Canadian Stocks gained for the first time this week, led by oil companies, as crude climbed to a seven-month high after a U.S. government report showed supplies unexpectedly slipped. For full story, click here
Wednesday, May 13, 2009
Chinese shares surged to a nine-month high on Wednesday, buoyed by strong consumer spending data and a 6.1 percent rise in PetroChina, the Shanghai benchmark’s heaviest-weighted share. For full story, click here
Continue reading "Chinese Shares surged 9-month high as retail sales jumped"
Tuesday, May 5, 2009
Crude oil fell on Tuesday, snapping four days of gains, on concern a U.S. government report will show stockpiles climbed from the highest level since September 1990. Crude oil for June delivery declined as much as 77 cents, or 1.4 per cent, to $53.70 a barrel in electronic trading on the New York Mercantile Exchange. Oil is up 21 per cent this year.
Continue reading "Crude oil headed for $71.55 a barrel"
Monday, May 4, 2009
Shares of Indian oil & gas producing companies surged this Monday as the higher crude oil prices improved revenue expectations. However, shares of oil marketing companies dipped on concerns higher crude prices may hamper their profitability. For full story, click here
Continue reading "Gain on Higher Crude Oil Prices"
Monday, March 30, 2009
U.K. stocks dipped for a second day as the Obama administration warned some banks will need more government aid and weaker commodities prices pushed mining and crude oil shares lower. For full story, click here
Continue reading "U.K stocks dip for second day, crude oil shares fell"
Thursday, February 12, 2009
Total rose 0.5 percent to 40.30 euros in Paris. The stock slipped 32 percent last year. For full story, click here
Continue reading "Total rose 0.5 percent to 40.30 euros"
Tuesday, November 4, 2008
Along with OPEC production cuts and healthy company numbers, (both discussed below) the market is clearly disjointed. The tenor of discussions in the business pages and networks lately suggests that Yeats was right, and the centre cannot hold. Recession or recovery, echo boom or bust, few are predicting prolonged instability somewhere between these extremes.
Continue reading "Benchmark: Things fall apart?"
Monday, October 6, 2008
Clearly Monday was not particularly good news for oil companies. With futures settling below $90 per barrel, ($87.81 when Benchmark went to proofing) the industry is seeing the lowest prices since February.
Continue reading "Benchmark: How low can it go?"
Monday, September 29, 2008
Another rough day for investors this Monday. As it became clear that the American House of Representatives would reject the authorization law for the executive’s $700 billion financial sector bailout plan, commodities began to tank. Oil futures shed more than $10 of their value during the day, dropping to $96.37 per barrel.
Continue reading "Benchmark: Troubled waters"
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Tuesday, October 25, 2011