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Stock Market & Financial Investment News

News Breaks
September 21, 2012
08:00 EDTXOM, DNRExxon's Bakken deal could mean more consolidation, WSJ reports
Exxon Mobil (XOM) is paying $1.6B for oil assets in North Dakota’s Bakken Shale, and the move has increased speculation that oil majors are looking for more oil, reports the Wall Street Journal. As natural gas prices remain low, Oppenheimer analyst Fadel Gheit said in a note that this deal could accelerate consolidation. Reference Link
News For XOM;DNR From The Last 14 Days
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June 18, 2013
07:13 EDTXOMU.S. oil exports highest in 30 years, Bloomberg reports
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06:04 EDTXOMEnergy firms may look to courts over U.S. natural gas exports, Reuters reports
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June 14, 2013
08:06 EDTXOMLNG 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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07:09 EDTXOMU.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 EDTXOMEIA 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 EDTXOMOPEC: 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 EDTXOMStocks with implied volatility movement; WM XOM
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