Oil extends slide on US inventory forecast
Oil dropped for a second day before government data forecast to show US crude stockpiles expanded, exacerbating a global glut.
Oil dropped for a second day before government data forecast to show US crude stockpiles expanded, exacerbating a global glut.
International law firms used to be attracted to Australia becauseĀ of the burgeoning commodities market but now they are expanding because of the resources slump.
Oil's longest rally this year faltered on signs industrial activity in China is deteriorating, potentially hurting demand as OPEC pumps record amounts of crude.
The potential that Santos boss Kevin Gallagher might celebrate his first week in office by reopening an asset sale process abandoned by his board less than three months ago is mind-bending.
Jason Beddow, of the $5 billion fund Argo, thinks oil will recover towards $US50 a barrel in 2017 and the big banks may hold their dividends at current levels.
Private equity giant Blackstone says the current oil price is not sustainable and it expects prices to return to a more comfortable level of...
Woodside Petroleum says its recently flagged write-downs of up to $US1.2 billion ($1.69 billion) had taken into account possible delays at t...
Only four months after DUET paid $1.4 billion for Pacific Equity Partners-backed Energy Developments, shareholders are already on the look o...
Saudi Arabia faces years of austerity as the worst oil price crash in modern history forces the kingdom to make radical cuts to government l...
Origin Energy became the latest Australian energy producer to be hit by the sharp fall in the oil price, with its December quarter revenue s...
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