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Stock Market & Financial Investment News

News Breaks
March 13, 2013
12:01 EDTPOT, XOM, MOS, CF, CVXIndia's RBI wants inflation at 'threshold' level, WSJ says
The top Reserve Bank of India, RBI, official Governor Duvvuri Subbarao said, "The Reserve Bank has to ensure that inflation is brought down to the threshold level and is maintained there," says the Wall Street Journal, citing A copy of his speech to be delivered at the London School of Economics. Reference Link
News For XOM;CVX;MOS;POT;CF From The Last 14 Days
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June 18, 2013
09:37 EDTCVXBNP Paribas to broker Chevron Nigeria oil sales, Reuters reports
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07:13 EDTXOM, CVXU.S. oil exports highest in 30 years, Bloomberg reports
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06:43 EDTCF, POT, MOSWhite House says president would veto House farm bill, Politico reports
The White House warned yesterday that President Obama would veto the farm bill that the House is considering, according to Politico. The White House objects to cuts in food stamps in the bill, and wants to cut crop insurance subsidies instead, the website stated. Reference Link
06:04 EDTXOM, CVXEnergy firms may look to courts over U.S. natural gas exports, Reuters reports
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June 17, 2013
16:07 EDTCVXTesoro Logistics confirms FTC clearance for purchase of Chevron system
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15:35 EDTCVXFTC requires Tesoro to sell petroleum terminal for Chevron deal
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10:38 EDTCFCF Industries upgraded to Hold from Sell at BGC Partners
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10:10 EDTCVXOn The Fly: Analyst Downgrade Summary
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08:00 EDTCVXChevron downgraded to Hold from Buy at Jefferies
Jefferies downgraded Chevron with a $135 price target citing valuation and expectations its growth can lag the sector average.
June 16, 2013
14:13 EDTCVXChevron confirms first cargo from Angola LNG
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June 15, 2013
15:00 EDTCFCF Industries confirms incident at Donaldsonville, LA, nitrogen complex
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June 14, 2013
08:06 EDTXOM, CVXLNG trade declined in 2012, FT reports
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June 13, 2013
14:29 EDTXOMU.S., Arkansas file joint complaint against Exxon for Pegasus spill
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14:23 EDTCFCF Industries downgraded to Sell from Hold at BGC Partners (pre-open)
Pre-open, BGC Partners downgraded CF Industries to Sell from Hold. The firm expects China urea exports to pressure other forms of nitrogen and for CF Industries consensus estimates to move lower. Price target is $170.
07:09 EDTCVX, XOMU.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
June 11, 2013
19:21 EDTXOMRosneft, ExxonMobil finalize Arctic research agreements
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12:15 EDTCVX, XOMEIA 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 EDTXOMExxon Mobil in talks for stake in Turkey's Black Sea block, Reuters reports
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07:38 EDTCVX, XOMOPEC: 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
07:05 EDTMOS, CF, POTSenate passes farm bill, Politico reports
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