News Breaks |
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| February 5, 2013 |
| 09:15 EDT |  | MPC, BP | Marathon Petroleum price target raised to $90 from $65 at Oppenheimer
Oppenheimer increased its price target on Marathon Petroleum (MPC) as the firm believes that U.S. refiners are benefiting from several catalysts including cheap natural gas and growing exports, while the company's earnings outlook should benefit from the completion of the Detroit refinery upgrade and the acquisition of BP's (BP) Texas City refinery. Oppenheimer maintains an Outperform rating on Marathon. |
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News For MPC;BP From The Last 14 Days Check below for free stories on MPC;BP the last two weeks. |
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| 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 |
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| June 18, 2013 |
| 07:13 EDT | | BP | U.S. oil exports highest in 30 years, Bloomberg reports
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| 06:04 EDT | | BP | Energy firms may look to courts over U.S. natural gas exports, Reuters reports
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| June 14, 2013 |
| 08:06 EDT | | BP | LNG trade declined in 2012, FT reports
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| June 13, 2013 |
| 07:09 EDT | | 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 |
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| 06:10 EDT | | BP | On the Fly: Periodicals Wrap-Up
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| June 11, 2013 |
| 12:15 EDT |  | BP | 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 |
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| 07:38 EDT | | 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 |
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