Stock Market & Financial Investment News

News Breaks October 17, 2012 06:12 EDT XOM, CVX, BP, RDS.A Oil trades near its higest level in a week in New York, Bloomberg reports Oil traded near the highest level in a week in New York on news that Germany may ease its resistance to a Spanish bailout, and after industrial production rose more than forecast in the U.S., reports Reuters. Crude for November delivery was at $92.11 a barrel, up 2 cents, in electronic trading on the New York Mercantile Exchange earlier this morning. The contract yesterday jumped 24 cents to $92.09, the highest settlement since October 9. Reference Link News For A;BP;XOM From The Last 14 Days Check below for free stories on A;BP;XOM the last two weeks. Sign up for a free trial to see the rest of the stories you've been missing. June 19, 2013 05:56 EDT BP EU looking for evidence that oil traders manipulate prices, WSJ reports The EU is investigating manipulation of benchmarks as part of a probe into whether energy traders skew prices of oil and other fuels for their own financial benefit, reports the Wall Street Journal. Reference Link June 18, 2013 07:13 EDT XOM, BP U.S. oil exports highest in 30 years, Bloomberg reports Subscribe for More Information 06:04 EDT BP, XOM Energy firms may look to courts over U.S. natural gas exports, Reuters reports Subscribe for More Information June 14, 2013 08:06 EDT XOM, BP LNG trade declined in 2012, FT reports Subscribe for More Information June 13, 2013 14:29 EDT XOM U.S., Arkansas file joint complaint against Exxon for Pegasus spill Subscribe for More Information 07:09 EDT XOM, BP U.S. crude oil production surged 14% in 2012, WSJ reports U.S. crude oil production grew by over 1M barrels a day last year, the largest increase in the world and the largest in U.S. history. In the latest sign of the shale revolution remaking world energy markets, crude production in the U.S. jumped 14% last year to 8.9M barrels a day, according to the newly released Statistical Review of World Energy, published by BP, reports the Wall Street Journal.Reference Link 06:10 EDT BP On the Fly: Periodicals Wrap-Up Subscribe for More Information June 11, 2013 19:21 EDT XOM Rosneft, ExxonMobil finalize Arctic research agreements Subscribe for More Information 12:15 EDT BP, XOM EIA sees Brent crude to average $102/barrel over 2H, $100/barrel in 2014 In its updated short-term energy outlook, the U.S. Energy Information Administration expects Brent crude oil spot price to average $102 per barrel over 2H, and $100 per barrel in 2014. EIA expects the price of regular gasoline will average $3.53 per gallon over the summer driving season. The annual average regular gasoline retail price is projected to decline from $3.63 per gallon in 2012 to $3.49 per gallon in 2013 and to $3.37 per gallon in 2014. Reference Link 10:09 EDT XOM Exxon Mobil in talks for stake in Turkey's Black Sea block, Reuters reports Subscribe for More Information 07:38 EDT XOM, BP OPEC: Stronger oil demand growth in second half of 2013, Reuters reports OPEC said the world's oil demand will grow faster in the rest of 2013 than during the first half due to economic recovery and higher seasonal consumption, reports Reuters. Reference Link June 6, 2013 05:51 EDT XOM Stocks with implied volatility movement; WM XOM Subscribe for More Information June 5, 2013 06:13 EDT XOM Nordic American Tanker awarded 2 year contract by Exxon Mobil subsidiary Orion Tankers, a 100% owned subsidiary of Nordic American Tankers, and acting as agents for NAT, has recently renewed its commercial agreement with a subsidiary of ExxonMobil. Cementing a long term relationship between the parties, the contract provides for a firm 2 year extension to the initial one year agreement that took effect May 2012. This new contract demonstrates the oil major's continued faith in NAT's sound financial position and validates management's dedication to safety and to quality operations of its large, high standard suezmax fleet. Typically, a suezmax tanker is carrying one million barrels of crude oil. The contract, which is based upon spot suezmax rates at any given time, has provisions for a world wide service. Given the present market conditions, it is of utmost importance that NAT continues to enjoy access to cargoes as outlined in the agreement. 06:05 EDT XOM Orion Tankers renews comercial agreement with Exxon Mobil subsidiary Subscribe for More Information Sign up for a free trial to see the rest of the stories you've been missing.