Energy stocks finished the session higher after the secretary general of the Organisation for Petroleum Exporting Countries (OPEC) warned that the price of crude could rebound as high as $200, if circumstances forced the hand of producers, way higher than the record-high of $147 a barrel it hit in 2
Read moreFlybe shares were hit hard as the company admitted that the oil price slump would do little to ease costs because the budget carrier is locked into a contract for the remainder of 2015. While rival airlines benefit from cheaper jet fuel prices, Flybe will pay considerably over the odds. The firm
Read more(Adds analyst comments, background, share movement) By Esha Vaish and Noor Zainab Hussain Jan 26 (Reuters) - Shares in Flybe Group slumped more than 20 percent on Monday after the British budget airline said it would break even before tax in its financial year ending in March 2015 aft
Read more** Budget airline Flybe heads for its biggest one-day pct drop since late 2011 after its trading update, with analysts flagging up a cautious outlook ** Shares drop more than 20 pct, wiping some $60 mln off co's market value ** Most actively traded stock on FTSE Small Cap index ; mor
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