Markets

Oil climbs above $65 for first time in more than three years

Oil climbed above the $US65 mark for the first time in more than three years on Wednesday. The benchmark is important because considered a ‘break-even’ price for producers. A barrel of oil sold for more than $US65 for the first time since December 2014 on Wednesday. The milestone is significant […]
Oil climbs above $65 for first time in more than three years
Markets

Boart Longyear’s CFO is now its new chief executive

Drilling services company Boart Longyear has appointed Jeff Olsen, its chief financial officer, as CEO. A short time ago, the company’s shares were up 1.5% to $0.068. Olsen spent 18 years at Rio Tinto in the US and the UK before joining Boart Longyear as CFO in 2014. “Our team […]
Boart Longyear’s CFO is now its new chief executive