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Stock Market & Financial Investment News

News Breaks
March 3, 2013
15:01 EDTBP, XOM, CVX, RDS.AChavez being treated with chemotherapy after surgery, Bloomberg says
Hugo Chavez, the Venezuelan President, is undergoing chemotherapy after cancer surgery in Cuba over two months ago and is in “good spirits,” said Vice President Nicolas Maduro, reports Bloomberg. Reference Link
News For A;CVX;BP From The Last 14 Days
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June 19, 2013
05:56 EDTBPEU 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
09:37 EDTCVXBNP Paribas to broker Chevron Nigeria oil sales, Reuters reports
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07:13 EDTBP, CVXU.S. oil exports highest in 30 years, Bloomberg reports
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06:04 EDTBP, 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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10:10 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 14, 2013
08:06 EDTBP, CVXLNG trade declined in 2012, FT reports
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June 13, 2013
07:09 EDTCVX, BPU.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 EDTBPOn the Fly: Periodicals Wrap-Up
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June 11, 2013
12:15 EDTCVX, BPEIA 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
07:38 EDTCVX, BPOPEC: 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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