Conflict in the Middle East could contribute to rising oil prices.
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BP bought back 3,108,000 ordinary shares yesterday at prices ranging from 485.00p to 481.10p apiece for cancellation. At 3:27pm: (LON:BP.) BP PLC share price was -4.25p at 478.1p Story provided by StockMarketWire.com
Nostra Terra Oil & Gas (NTOG)(NTOG.L) [LON.NTOG], the fast growing, AIM traded oil and gas producer with a portfolio of projects in Oklahoma, Colorado, Kansas and Texas, will be holding a briefing for investors at the first ever Stock Market Show taking place next month. Its CEO, Matt Lofgran, will be able to demonstrate how […]
Canaccord Genuity has downgraded its recommendation on Hunting (LON:HTG) to ‘hold’ from ‘buy’, on valuation grounds and despite the energy services provider reporting a solid set of half-year results. The broker said: “Hunting’s product mix, which centres on consumables for drilling oil & gas wells, is an attractive play on drilling volume in our view. […]
United Utilities said United Utilities Water (UUW) is reviewing Ofwat’s published draft determinations covering the period 1 April 2015 to 31 March 2020. UUW said it was reviewing these publications, alongside its on-going discussions with stakeholders, ahead of submitting its response to Ofwat which is due by 3 October 2014. “The regulator has highlighted that […]
The crisis is over and the economic recovery seems to be picking up speed. Does that mean the case for holding gold is finished? We wouldn’t be so hasty.
Petropavlovsk (LON:POG) was down in late trading despite posting a first half pre-tax profit of $8m against a pre-tax loss of $615m last time. Petropavlovsk achieved record gold production of 306,400oz in the first half and increased gold ounces sold by 5% yoy and improved the price received by $93/oz. This contributed to the total […]
Mining giant BHP Billiton’s plans to spin off unwanted assets could present investors with a rare opportunity, says David Thornton.
The FTSE was down midday with miners the ballast in a session awash with interim results after key Asian indices fell on broad investor concerns about China’s future economic growth. Near noon, the FTSE 100 was down 31.75 points, or 0.46%, to 6798.91. The FTSE 250 was down 130.92 points, or 0.82%, to 15,893.7. Wall […]
No metal is quite as erratic as silver – but its potential to make its buyers rich is huge. Dominic Frisby examines the charts.