Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSOLO.L Share News (SOLO)

  • There is currently no data for SOLO

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Sector movers: Oil stocks down with Brent at 16-month low

Tue, 09th Sep 2014 14:14

Oil and gas producers were among the heaviest fallers in London on Tuesday after Brent crude dropped to below $100 a barrel the previous session.Royal Dutch Shell was providing a drag on the sector, down 1.6%, while BP lost 0.7% and Tullow fell 0.4%Whilst slightly off the low of $99.36 seen on Monday - its weakest since 1 May 2013 - Brent was still trading below $100 at $99.86 on Tuesday afternoon, down 0.34% on the day. The price has now fallen 10.5% so far this quarter."Sellers continue to drive the price of crude lower in the face of building stocks and lower global growth prospects," said analyst Angus Campbell from Fxpro.Declines have been spurred after Monday's data from China showed a second straight monthly fall in imports in August, while figures on Friday indicated that hiring in the US slowed down to its weakest pace this year.Smaller companies in the UK-listed oil and gas sector were also under pressure in afternoon trade, including Aminex, Xplorer, 3Legs Resources, Solo Oil and Leyshon Energy.Top performing sectors so far todayBeverages 14,367.57 +0.97%Industrial Metals & Mining 1,384.38 +0.96%Oil Equipment, Services & Distribution 22,900.89 +0.79%Mobile Telecommunications 4,658.81 +0.75%Electronic & Electrical Equipment 3,760.89 +0.71%Bottom performing sectors so far todayElectricity 9,294.49 -1.37%Oil & Gas Producers 8,361.28 -1.02%Forestry & Paper 11,342.24 -0.94%Real Estate Investment Trusts 2,844.10 -0.87%Mining 17,168.04 -0.56%
More News
17 Dec 2015 14:32

2nd UPDATE: UK Begins Fracking Push As New Onshore Licences Awarded

Read more
17 Dec 2015 14:08

UPDATE: UK Begins Fracking Push As New Onshore Licences Are Awarded

Read more
17 Dec 2015 13:39

UK Government Begins Fracking Push As It Awards New Onshore Licences

Read more
30 Nov 2015 11:54

Horse Hill Companies Secure Permission To Flow Test Oil Discovery

Read more
19 Nov 2015 10:45

Aminex Agrees Deal With Bowleven For Tanzanian Assets (ALLISS)

Read more
23 Oct 2015 10:16

UK Oil & Gas Investments Appoints Kiran Morzaria As Finance Director

Read more
21 Oct 2015 09:59

UK Oil & Gas Investments Could Have 3.90 Billion Barrels In The Weald

Read more
16 Oct 2015 10:54

Alba Mineral Resources Extends Option To Increase Horse Hill Stake (ALLISS)

Read more
5 Oct 2015 10:36

TPDC to join Solo Oil at Kiliwani North

(ShareCast News) - Solo Oil's stake in the Kiliwani North Development Licence will be pared back slightly as Tanzania Petroleum Development Corporation (TPDC) buys in to the licence. The AIM-listed company announced on Monday that its interest will drop from 6.5% to 6.175% as TPDC looks for a 5% wor

Read more
5 Oct 2015 08:53

Aminex And Solo Oil Say Tanzania Petroleum Exercises Kiliwani Option

Read more
29 Sep 2015 12:18

Solo Oil Loss Widens, Main Focus On Kiliwani North And Ruvuma

Read more
25 Sep 2015 07:08

Alba Mineral Increases Stake In Horse Hill, Farms-In On Brockham (ALLISS)

Read more
26 Aug 2015 08:44

Solo Oil and Aminex said Kiliwani gas well will produce more than expected

(ShareCast News) - Oil explorers Solo Oil and Aminex said the Kiliwani North-1 gas well in Tanzania will produce more gas than initially expected. The two groups said the well, which was tested with a flow rate of 40m standard cubic feet per day, was expected to deliver an initial production rate of

Read more
26 Aug 2015 07:10

LONDON BRIEFING: Betfair And Paddy Power Shares Jump On Merger Deal

Read more
26 Aug 2015 07:09

Aminex, Solo Oil: Kiliwani To Produce More Than Originally Expected

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.