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Exxon Mobil Corp

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  • *Oil prices fall after rising for eight straight weeks. May 11- U.S. stocks were broadly down in afternoon trading on Monday on worries about Greece's precarious financial condition and slowing growth in China, while energy stocks fell on weaker oil prices. "Even though the market closed up on Friday, more stocks were lower for the week and that points to weakness,"...

  • May 11- Wall Street was mixed in morning trading on Monday amid worries about Greece's precarious financial condition and slowing growth in China, while energy stocks fell on weaker oil prices. "Even though the market closed up on Friday, more stocks were lower for the week and that points to weakness," said Paul Nolte, portfolio manager at Kingsview Asset...

  • US STOCKS-Wall St mixed at open; energy shares fall Monday, 11 May 2015 | 10:27 AM ET

    *Rosetta soars as Noble Energy offers to buy company for $2 bln. *Zulily rises after Alibaba increases stake. Exxon Mobil shares fell 1.1 percent to $87.28.

  • Asian stocks retreat as Greek cash crunch intensifies Monday, 11 May 2015 | 10:11 AM ET

    Exxon Mobil lost 1.7 percent, the most in the Dow Jones industrial average. Benchmark U.S. crude fell 14 cents to close at $59.25 a barrel in New York. "It's a day of digestion after big news and a big move on Friday," said Eric Wiegand, a senior portfolio manager at U.S.

  • *China imported 7.4 mln bpd in April, U.S. about 7.2 mln bpd. *China is already world's biggest energy, raw material importer. SINGAPORE, May 11- China overtook the United States as the world's top importer of crude oil for the first time in April, and its purchases are expected to remain strong despite a slowing economy, with far-reaching consequences for global oil...

  • SAN FRANCISCO, May 8- A 52- day labor strike that led to a shutdown at Tesoro Corp's refinery in Martinez, California, helped boost the company's bottom line last quarter, the company's chief executive said on Friday, prompting cries that the state's gasoline market needs to be reformed. California wholesale gasoline prices rose at their quickest week-on-week...

  • Stocks close higher ahead of jobs report; yields eyed Thursday, 7 May 2015 | 4:00 PM ET
    A trader works on the floor of the New York Stock Exchange.

    U.S. stocks closed higher on Thursday as investors awaited the key April jobs report and eyed easing in oil prices and bond yields.

  • Guyana says Exxon discovers oil in offshore block Thursday, 7 May 2015 | 1:23 PM ET

    GEORGETOWN, May 7- Exxon Mobil Corp has discovered oil off the coast of Guyana, the company and the South American nation's government said on Thursday, potentially inflaming a long-running territorial dispute with neighboring Venezuela. Guyana in 2013 said Venezuela's navy evicted a ship used by Texas- based Anadarko Petroleum Corp to explore for oil in the...

  • May 6- Exxon Mobil Corp said a breakdown related to an unspecified unit caused flaring at its 149,500- barrel-per-day refinery in Torrance, California, on Wednesday.

  • HOUSTON, May 6- Marathon Oil Corp, an independent exploration and production company, reported a first-quarter loss on Wednesday as tumbling oil prices sliced its revenue nearly in half. The first quarter adjusted net loss was $253 million, or $0.37 a diluted share. In terms of operations, Marathon said it had no liftings in Libya during the first quarter, and that "...

  • Traders work on the floor of the New York Stock Exchange (NYSE)

    U.S. stocks closed lower, reversing a positive open, as investors weighed higher yields and energy prices ahead of Friday's important jobs report.

  • Cramer: Don’t like oil rising every day—here’s why Wednesday, 6 May 2015 | 10:42 AM ET
    Gas pump gasoline prices Europe Belgium

    CNBC's Jim Cramer explains why he does not like oil prices rising every day.

  • California gasoline imports set to rise, experts say Tuesday, 5 May 2015 | 6:52 PM ET

    SAN FRANCISCO, May 5- Shipments of gasoline that meets California's strict environmental standards are expected to rise in the coming weeks thanks to the start of summer driving season and ongoing repairs at a key refinery, experts said on Tuesday. Those that do, like refineries in Louisiana and Texas, often find it too difficult and costly to send the gasoline to...

  • Rising gas prices will 'cool off': Expert Tuesday, 5 May 2015 | 3:38 PM ET
    Gas pump gasoline prices

    Gas prices will start to fall in the coming weeks as issues at some U.S. refineries are resolved, an industry expert said.

  • Traders work on the floor of the New York Stock Exchange.

    U.S. stocks closed higher, following positive momentum from Europe, as investors looked to Fed speeches and data for signals on rate hike timing.

  • World Bank's pension investments clash with values Monday, 4 May 2015 | 10:26 AM ET
    Dr. Jim Kim, president of the World Bank.

    World Bank invests part of its $18.8 bn staff pension fund in companies in industries, holdings that clash with the institution's own calls.

  • WASHINGTON, May 4- The World Bank indirectly invests part of its $18.8 billion staff pension fund in companies in industries such as coal and tobacco, holdings that clash with the development institution's own calls for ethical and low-carbon investing. In an internal post to staff seen by Reuters, the World Bank's treasurer said around 40 percent of the fund's...

  • AmEx to roll out new loyalty program Plenti Monday, 4 May 2015 | 8:05 AM ET

    American Express will roll out its new loyalty program, Plenti, allowing U.S. shoppers for the first time to earn rewards points through purchases.

  • Is Big Oil getting its groove back? Monday, 4 May 2015 | 6:00 AM ET
    Chevron

    Energy stocks have seen a strong bounce over the past month and a half. Have they turned a corner for good?

  • WASHINGTON, May 4- The World Bank indirectly invests part of its $18.8 billion staff pension fund in companies in industries such as coal and tobacco, holdings that clash with the development institution's own calls for ethical and low-carbon investing. In an internal post to staff seen by Reuters, the World Bank's treasurer said around 40 percent of the fund's...