OurFinanceBlogs.com - Australian Finance Blogging Community

Fill Up Before Friday

Posted by Debbie on Oct 20th, 2008

It was bound to come at some point and they didn’t disappoint. I must make a mental note to fill up the car with petrol before this Friday.
The Organisation of the Petroleum Exporting Countries (that’s OPEC to you and me) have decided to reschedule their extraordinary meeting from the 18th November to the 24th October. [...]

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Oil Companies Are Buying Back Their Shares

Posted by Debbie on Jul 29th, 2008

We received a note from a reader on Santos last week:
It’s interesting to note Al wonders if it is a good time to buy on the dip in stock prices for companies like Santos since revenues are up on decreased production.
Probably not.
While it is nice to see increased profit margins on current production- which [...]

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The Fall in Oil Prices Takes Gold Prices Down With it

Posted by admin on Jul 20th, 2008

“World economy is a tough spot,” says the International Monetary Fund.
“No kidding,” says MoneyMorning.
“We concur,” say angry investors in Karachi, Pakistan, who yesterday pelted their stock exchange with rocks after stocks tumbled 4% before midday.
“We are looking at the situation and there is no question of suspending the market,” said Razi-ur-Rahman, chairman of [...]

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