Brent crude fell below $98 a barrel on Monday as sluggish demand and abundant supplies outweighed a possible cut in oil output from the OPEC.» Read More
Alibaba's expected valuation is about $175 billion. Here's how that compares with other tech giants like Amazon, Facebook and Apple.
BP PLC rose$. 13 or. 3 percent, to $46.36. ConocoPhillips fell$. 85 or 1.1 percent, to $79.79. Exxon Mobil Corp. fell$. 41 or. 4 percent, to $96.67.
NEW YORK, Sept 18- If history is any guide, investors who miss out on getting a slice of Alibaba's massive initial public offering may want to think twice about jumping into the stock once it hits the New York Stock Exchange.
NEW YORK, Sept 18- Shares in energy companies were trading lower on Thursday, as a rise in the U.S. dollar and demand concerns sent oil prices lower. Brent crude was down 1.4 percent to $97.55 while U.S. crude lost 1.1 percent to $93.38. Chevron Corp, down 0.4 percent to $124.24 and Exxon Mobil, down 0.3 percent to $96.77, were the two biggest drags on the Dow Industrials.
A list of critical figures related to the Ebola outbreak: the number of sick, number of dead and how much aid has been given. The Fiscal Times reports.
ConocoPhillips fell$. 11 or. 1 percent, to $80.64. Exxon Mobil Corp. fell$. 35 or. 4 percent, to $97.08. Marathon Oil Corp. rose$. 21 or. 5 percent, to $40.33.
BUENOS AIRES, Sept 17- Argentina's federal government said on Wednesday it had reached a preliminary agreement with provinces on reforms to overhaul energy regulations and improve incentives to lure the foreign investors needed to develop its vast shale oil and gas reserves.
BP PLC rose$. 11 or. 2 percent, to $46.34. ConocoPhillips fell$. 10 or. 1 percent, to $80.65. Exxon Mobil Corp. fell$. 41 or. 4 percent, to $97.02.
BP PLC rose$. 10 or. 2 percent, to $46.33. ConocoPhillips fell$. 02 or percent, to $80.73. Exxon Mobil Corp. fell$. 06 or. 1 percent, to $97.37.
DUBAI, Sept 17- A lack of water threatens Iraq's plans to raise its oil output, boost its stumbling economy and become a leading producer in the region after Saudi Arabia. A multi-billion dollar common seawater injection scheme designed to boost production from the giant export oilfields in Iraq's south is snarled up in red tape and acrimony.
BP PLC rose$. 34 or. 7 percent, to $46.23. ConocoPhillips rose $1.35 or 1.7 percent, to $80.75. Exxon Mobil Corp. rose $1.14 or 1.2 percent, to $97.43.
Stocks rose Tuesday as investors mulled the timing of rate hikes by the Federal Reserve.
BP PLC rose$. 46 or 1.0 percent, to $46.35. ConocoPhillips rose $1.69 or 2.1 percent, to $81.09. Exxon Mobil Corp. rose $1.61 or 1.7 percent, to $97.90.
Some of Tuesday's midday movers:
Brent crude climbed above $98 after hitting a 26- month low in the prior session while U.S. crude gained 78 cents to $93.70 on the possibility of an output cut from OPEC. Among the leaders to the upside were Exxon Mobil, up 0.8 percent to $97.04, and Schlumberger, up 0.7 percent to $103.72.
BP PLC fell$. 02 or percent, to $45.87. ConocoPhillips rose$. 76 or 1.0 percent, to $80.16. Exxon Mobil Corp. rose$. 70 or. 7 percent, to $96.99.
*BNP Paribas tasked to find buyers for field- sources. LONDON/ LAGOS, Sept 16- France's Total SA, Europe's second largest oil company, has put one of its offshore Nigerian oil fields up for sale again, the company said, after a 2012 deal with Sinopec Corp failed.
NEW YORK— The stock market rose Tuesday as investors waited to find out when the Federal Reserve might raise interest rates. "The economy continues to improve in the U.S., and there's still an accommodative Fed," said Brad Sorensen, director of market and sector research at the Schwab Center for Financial Research.
BP's business in Alaska will be smaller because of the previously announced sale of its interests in four North Slope oil fields to Hilcorp, spokeswoman Dawn Patience said.
BP PLC fell$. 05 or. 1 percent, to $45.89. ConocoPhillips rose$. 95 or 1.2 percent, to $79.40. Exxon Mobil Corp. rose$. 51 or. 5 percent, to $96.29.