Abstracts » Business, international

Oil-price woes turn up values in China energy, airline stocks

Article Abstract:

High oil prices worldwide have effected all economies. In China airlines and trucking companies have suffered major operating costs and share prices are down for these industries. However, petroleum industry and alternative energy stocks are hot.

Forecasts, trends, outlooks, Security brokers and dealers, Securities & Commodities Services, Securities, Commodity Contracts, and Other Financial Investments and Related Activities, Industry Overview, Securities industry, Industry forecasts

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China's thirst for oil starts to ease: slowing growth in demand could cool surging prices; watchdog still sees threat

Article Abstract:

The rising cost of petroleum has caused a decrease in Chinese fuel consumption. In spite of this, global demand is expected to remain high for the rest of 2004.

Use of energy, Energy use

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Oil rigs stage exodus from Gulf of Mexico: migration of drilling equipment to higher-paying overseas sites is long-term threat to output

Article Abstract:

Many offshore oil drilling rigs are leaving the Gulf of Mexico, as the area's reserves are depleted. The economic consequences of this trend are discussed.

United States, Oil and gas field machinery, Oil and Gas Field Machinery and Equipment Manufacturing, Offshore Oilfield Equipment, Offshore oil field equipment

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