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Stock Market & Financial Investment News

News Breaks
March 21, 2014
07:14 EDTPTR, XOMInvestors should wait for more reform before investing in PetroChina, WSJ says
PetroChina (PTR) lowered its CapEx for the first time in 2013 since 2000, but the Wall Street Journal says that the company's spending was still 22% higher than Exxon Mobil's (XOM) in FY13 even though the company produced 7% less oil and gas. The WSJ says PetroChina’s heavy spending is most likely the result of the company' strong connection with the government believes investors should wait for more signs of reform before investing. Reference Link
News For PTR;XOM From The Last 14 Days
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August 29, 2014
06:38 EDTXOMRising oil supplies pressuring prices, NY Times says
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August 27, 2014
06:22 EDTXOMExxon division pays $1.4M to settle Louisiana spill claims, Reuters says
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August 22, 2014
06:34 EDTPTRChina not meeting shale gas goals, NY Times says
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