Wednesday, 26th November 2014

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News & Reports

Genel continuously looking for opportunities, chief says

Tue 25th Nov 14, 21:25:36

The number of oil producers in the Kurdistan region of Iraq is set to shrink drastically over the next five years, to the benefit of the largest operators, such as Genel, Exxon and Chevron.

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Today's Market Reports

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Hewlett Packard posts revenue drop in almost all segments

Technology giant Hewlett Packard (HP) posted weaker than expected fourth quarter results after the close of the markets on Tuesday. 8 hours ago

US close: Oil slides to four-year low, mixed data weighs

The main US equity gauges ended the session on a mixed footing as a drop in oil futures pulled the rug out from under the sector's quoted companies. 7 hours ago

Oil futures retreat as negotiations on OPEC output cut stall

Saudi Arabia would support a 'roll-over' of OPEC's current production limit, together with a call for stricter compliance with the same, according to remarks made by a Gulf official, on Tuesday, to The Wall Street Journal. 10 hours ago

Russia and main oil producing nations fail to reach agreement on output cut

Three major oil producing nations and Russia's state oil company failed to reach an agreement on Tuesday regarding a reduction in the oil cartel's 'official' oil output target. 10 hours ago

Europe close: Stocks rise after US and German GDP

European stocks gained as investors weighed economic growth data in German and the US. 12 hours ago

Mitchells & Butlers chief acquired 8,475 shares after FY results disappoint

Alistair Darby, the chief executive of Mitchells & Butlers, has acquired 8,475 shares in the group after the restaurants and pubs operator said a challenging market was to blame for its falling annual earnings and continuing lack of dividend. 13 hours ago

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