Are you ready skeedaddy???!!! It's time for the Lightning Round. Cramer makes the call on viewer favorites.» Read More
*Australia's plan to become top LNG exporter still on track. Just last week, Woodside Petroleum Ltd delayed the FID for its $40 billion Browse floating project with Royal Dutch Shell and BP. The next cab off that rank could be ExxonMobil and BHP Billiton's $10 billion Scarborough project.
BP PLC rose $1.08 or 2.8 percent, to $39.40. ConocoPhillips rose $1.23 or 1.8 percent, to $70.98. Exxon Mobil Corp. rose $2.48 or 2.7 percent, to $93.64.
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. AT&T Inc. rose. 1 percent to $33.54 with 38,466,100 shares traded. Bank of America Corp. rose. 5 percent to $17.62 with 100,300,100 shares traded.
BP PLC rose$. 77 or 2.0 percent, to $39.09. ConocoPhillips rose$. 70 or 1.0 percent, to $70.45. Exxon Mobil Corp. rose $1.14 or 1.3 percent, to $92.30.
MEXICO CITY, Dec 19- The allure of investing in Mexico's historic oil sector opening has been dimmed by the plummeting price of crude, putting pressure on the government to offer bigger incentives to private investors in the first major round of contracts up for grabs. Since Congress in August approved the laws governing the dissolution of Mexico's 75-...
BP PLC rose$. 46 or 1.2 percent, to $38.78. ConocoPhillips fell$. 27 or. 4 percent, to $69.48. Exxon Mobil Corp. fell$. 58 or. 6 percent, to $90.58.
LONDON, Dec 19- Large oil companies flush with cash are expected to seize on the recent collapse in oil prices to begin a shopping spree for smaller rivals, focusing on oil producers and explorers in Africa, Asia and the United States. Those include British oil and gas company BG Group, which produces oil and gas in regions including Brazil, East Africa and Australia.
This year was a better year for short sellers than last year, Jim Chanos said. Here's what he's shorting now.
BP PLC rose$. 63 or 1.7 percent, to $38.32. ConocoPhillips rose $2.81 or 4.2 percent, to $69.75. Exxon Mobil Corp. rose $2.14 or 2.4 percent, to $91.16.
JUNEAU, Alaska— In a story Dec. 17 about the office of the federal coordinator for Alaska gas pipeline projects, The Associated Press, relying on information from a spokesman for U.S. Gas pipeline coordinator office in Alaska to close. JUNEAU, Alaska— The office of the federal coordinator for Alaska gas pipeline projects is shutting down after not being included in...
NEW YORK— Stock pickers might as well wear a scarlet "A." "Active management" is becoming more of a taboo when it comes to mutual funds. Bill Miller, for example, became famous for guiding his fund at Legg Mason to better returns than the Standard& Poor's 500 index for 15 straight years.
BP PLC rose$. 29 or. 8 percent, to $37.98. ConocoPhillips rose $1.65 or 2.5 percent, to $68.59. Exxon Mobil Corp. rose $1.10 or 1.2 percent, to $90.12.
BP PLC rose$. 43 or 1.1 percent, to $38.12. ConocoPhillips rose $1.10 or 1.6 percent, to $68.04. Exxon Mobil Corp. rose$. 91 or 1.0 percent, to $89.93.
HOUSTON— Cheniere Energy landed a 20- year contract to supply natural gas in Portugal, sending shares up 8 percent in early trading. Companies such as Exxon Mobil and Sempra Energy are seeking federal permits for more than 20 export projects that could handle as much as 29 billion cubic feet of natural gas a day. EDP also has electricity and gas operations in Spain...
*Oracle up in premarket after results. NEW YORK, Dec 18- U.S. stocks were set for a stronger open on Thursday, building on gains in the prior session after the U.S. "The bottom line is a June is still in play and even doves need to tighten at some point when the numbers start looking good," said James Liu, global market strategist at JPMorgan Funds in Chicago.
*Oracle up in premarket after results. NEW YORK, Dec 18- U.S. stock index futures surged on Thursday, putting the S&P 500 on track to extend gains from the prior session, as oil prices showed signs of stabilizing and ahead of data on the labor market. Exxon Mobil rose 1.8 percent to $90.60 and the Select Sector Energy ETF gained 2.2 percent to $78.81 in premarket trading.
*Oracle up in premarket after results. NEW YORK, Dec 18- U.S. stock index futures surged on Thursday, putting the S&P 500 on track to extend gains from the prior session, as oil prices showed hints of stabilizing and ahead of data on the labor market. Exxon Mobil rose 2 percent to $90.84 and the Select Sector Energy ETF gained 1.6 percent to $78.34 in premarket trading.
BP PLC rose $1.93 or 5.4 percent, to $37.69. ConocoPhillips rose $3.72 or 5.9 percent, to $66.94. Exxon Mobil Corp. rose $2.61 or 3.0 percent, to $89.02.
NEW YORK, Dec 17- The S&P 500 scored its best day since October 2013 on Wednesday as the Federal Reserve gave an upbeat assessment of the U.S. economy and said it would take a patient approach toward raising interest rates. The Fed said it would take a "patient" approach in deciding when to bump borrowing costs higher, which Fed Chair Janet Yellen, at a news conference,...
JUNEAU, Alaska— The office of the federal coordinator for Alaska gas pipeline projects is shutting down after not being included in the budget bill that Congress recently passed. The office was created in a 2004 law aimed at helping advance an Alaska gas pipeline project that would serve North America. The state of Alaska, BP PLC, ConocoPhillips, Exxon Mobil Corp....