Take a look at some of Friday's midday movers:» Read More
Oil stocks are shooting up like geysers -- but which ones should you buy? Jason Gammel, senior oil analyst at Macquarie Capital, and Tina Vital, integrated oil & gas analyst at S&P, agree on two stocks -- for different reasons.
What's wrong with this picture? Crude oil is on a tear, but ExxonMobil shares have barely budged in NINE months. Can tomorrow's earnings knock the oil giant out of its trading range?
On the surface at least, giving drivers a summertime "holiday" on the 18.4 cent federal gasoline tax sounds like a good idea. Too bad the idea flunks Economics 101.
Members of the Rockefeller family are calling on Exxon Mobil Corp to make corporate governance changes and adopt a renewable fuels strategy to help address the soaring cost of energy.
Oil fell more than $3 a barrel on Tuesday, retreating further from a record high hit a day before, as the dollar firmed and a strike ended at Britain's Grangemouth refinery.
Oil hit a fresh peak near $120 a barrel on Monday as supply outages in Nigeria and Britain shut down nearly 2 million barrels per day (bpd) of output in the Atlantic Basin.
Stocks finished flat Monday as concerns about the Federal Reserve's rate decision in a couple of days kept a lid on activity generated by merger buzz.
Stocks ticked higher Monday amid merger buzz but index gains were modest as the market awaits the Federal Reserve's rate decision later this week.
Another round of supply fears helped keep oil in record territory, after prices in electronic trading hit a new all-time high: just 7 cents shy of $120 a barrel. The markets reacted to "expected" supply disruptions in Nigeria to the North Sea, despite already having priced it in last week.
Heavy betting on Visa, churn in Yahoo, and perhaps some misguided faith in oil majors ... that's the trend in options, says Rebecca Darst of Interactive Brokers.
Stocks retreated after an early pop Monday as the early market buzz was all about deals and deal makers.
You may think it's all about the Fed in the week ahead, but other key economic news will keep the markets on edge. Data to watch includes first quarter GDP Wednesday; Friday's jobs report for April; another big rush of corporate earnings reports, including from big oil and media companies. Other economic data: consumer confidence for April, released Tuesday, and the S&P Case Shiller report on housing prices.
Exxon Mobil, Royal Dutch Shell and BP are expected to report bumper first-quarter profits next week, thanks to record crude prices, but $110 per barrel oil will also squeeze refining profits and delay a return to oil production growth.
Oil settled up over $118 -- down from its intra-day high above $119 -- aafter a workers strike cut production in Nigeria and tensions rose between the United States and Iran
After months of uncertainty in European stock markets, investors could be starting to regain their battered confidence and contemplate spending hoarded cash, analysts said Friday.
With the run up in oil and General Electric's big miss this quarter, Russia's Gazprom could pass GE in the rankings of world's biggest companies by market cap. Here are the current rankings...
Cramer makes the call on viewers' favorite stocks.
Singapore state investor Temasek Holdings has set up an oil exploration subsidiary to help diversify its financials-heavy portfolio, entering a sector crowded with expanding national oil companies and majors.
As the market begins to trade sideways, which stocks do the charts suggest you buy?
China has accumulated a stake of just under 1 percent in BP, raising fresh questions about Beijing's strategy for investing its huge foreign currency reserves.