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WASHINGTON, Dec 15- The Obama administration has not yet made a decision on whether the president will sign a bill authorizing new sanctions against Russia over its activities in Ukraine, a senior administration official said on Monday. The official, who declined to be identified, said the administration "remains deeply concerned about the aggressive actions...
*Petsmart to be acquired by private equity consortium. NEW YORK, Dec 15- U.S. stocks were down slightly in volatile trading on Monday afternoon as investors assessed the impact of another big drop in oil prices. "What continues to be the focus for the markets is oil," said Tim Ghriskey, chief investment officer of Solaris Group in Bedford Hills, New York.
BP PLC fell$. 82 or 2.3 percent, to $35.42. ConocoPhillips rose$. 42 or. 7 percent, to $62.87. Exxon Mobil Corp. rose $1.12 or 1.3 percent, to $87.72.
*Petsmart to be acquired by private equity consortium. NEW YORK, Dec 15- U.S. stocks slid on Monday with investors shunning risk as oil prices tumbled to fresh 5-1/ 2 year lows. "The continued free fall in crude is the main thing here," said Uri Landesman, president at Platinum Partners in New York, adding the S&P 500 could test 1,750..
BP PLC fell$. 36 or 1.0 percent, to $35.88. ConocoPhillips rose$. 21 or. 3 percent, to $62.66. Exxon Mobil Corp. rose $1.04 or 1.2 percent, to $87.64.
Some of the names on the move ahead of the open.
U.S. lawmakers were expected on Friday to approve new sanctions on Russian weapons companies and investors in the country's high-tech oil projects.
BP PLC fell $1.09 or 2.9 percent, to $36.24. ConocoPhillips fell $1.16 or 1.8 percent, to $62.45. Exxon Mobil Corp. fell $2.60 or 2.9 percent, to $86.60.
WASHINGTON, Dec 12- U.S. lawmakers were expected on Friday to approve new sanctions on Russian weapons companies and investors in the country's high-tech oil projects, putting more U.S. pressure on President Vladimir Putin for interference in eastern Ukraine. The bill, which will be sent to Obama to sign, requires him to apply sanctions on Russian state-owned...
BP PLC fell$. 79 or 2.1 percent, to $36.54. ConocoPhillips fell$. 29 or. 5 percent, to $63.32. Exxon Mobil Corp. fell $1.39 or 1.6 percent, to $87.81.
Some of Friday's midday movers:
NEW YORK— So you think you are finally getting one over on the gas stations as you pay well under $3 a gallon for the first time in four years? "We're in the same shoes as the consumer, the cost of fuel is less for us," says Kevin Beyer, who owns Performance Fuels, a filling station and convenience store in Smithtown, NY. "It's completely antithetical to what people believe,"...
BP PLC fell$. 48 or 1.3 percent, to $36.85. ConocoPhillips fell $1.12 or 1.8 percent, to $62.49. Exxon Mobil Corp. fell$. 97 or 1.1 percent, to $88.23.
NEW YORK— A rout in oil prices shook financial markets Friday, pushing stocks to their worst weekly loss in two and a half years. Europe and most of Asia, the benefits of falling oil outweigh the costs, "said Jeff Kleintop, Schwab's chief global investment strategist. U.S. benchmark oil slipped $2.14 Friday, or 3.6 percent, to $57.81 a barrel.
MEXICO CITY, Dec 11- Mexico said on Thursday it would cap the number of shallow-water projects companies can bid for as it set out initial contracts for the historic opening of its oil and gas industry, but did not specify the share the government will take. Following a reform that ended Mexico's 75- year state monopoly, officials unveiled details of the first...
This stock could be a real Grand Slam, said "Mad Money" host Jim Cramer.
Perhaps the oil patch isn't as bad as the bears think? Jim Cramer speculates that Exxon has a great opportunity among low oil prices.
BP PLC fell$. 41 or 1.1 percent, to $37.33. ConocoPhillips rose$. 07 or. 1 percent, to $63.61. Exxon Mobil Corp. rose$. 53 or. 6 percent, to $89.20.
Stocks rose Thursday as retail sales rose in November and jobless claims fell last week.
MEXICO CITY, Dec 11- Mexico said on Thursday it would cap the number of shallow water contracts companies can bid for as it outlined the tender for the first leg of the country's energy sector opening, but gave on word on how much tax the government will take. Following a sweeping energy reform that ended a 75- year state monopoly, Mexico's National Hydrocarbons...