BP PLC rose $1.83 or 5.1 percent, to $37.59. ConocoPhillips rose $4.21 or 6.7 percent, to $67.43. Exxon Mobil Corp. rose $2.55 or 3.0 percent, to $88.96.
BP PLC rose$. 61 or 1.7 percent, to $36.37. ConocoPhillips rose $2.28 or 3.6 percent, to $65.50. Marathon Oil Corp. rose$. 61 or 2.4 percent, to $25.92.
BP PLC rose$. 82 or 2.3 percent, to $35.76. ConocoPhillips rose $1.53 or 2.5 percent, to $63.22. Exxon Mobil Corp. fell$. 49 or. 6 percent, to $86.41.
NEW YORK, Dec 16- The proverbial knife is falling. "With the stocks down so big, seems to be an intermediate opportunity in the group," said Doug Kass, president of Seabreeze Partners in Palm Beach, Florida. Between the beginning of the year and June 23, the sector had gained 13 percent on the back of a steady rise in oil prices and expectations for improved growth.
Dec 16- Citgo Petroleum Corp, Venezuela's U.S. oil refining unit, has received revised bids from at least four bidders, some which have valued the company at more than $10 billion, according to three people familiar with the matter. The companies that made bids in December include Marathon Petroleum Corp, Valero Energy Corp, HollyFrontier Corp and a consortium of...
BP PLC rose $1.29 or 3.7 percent, to $36.23. ConocoPhillips rose $2.86 or 4.6 percent, to $64.55. Exxon Mobil Corp. rose $1.03 or 1.2 percent, to $87.93.
BP PLC rose$. 25 or. 7 percent, to $35.19. ConocoPhillips rose$. 56 or. 9 percent, to $62.25. Exxon Mobil Corp. rose$. 31 or. 4 percent, to $87.21.
BP PLC fell $1.30 or 3.6 percent, to $34.94. ConocoPhillips fell$. 76 or 1.2 percent, to $61.69. Exxon Mobil Corp. rose$. 30 or. 3 percent, to $86.90.
BP PLC fell$. 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 $87.72.
FORT WORTH, Texas— Range Resources is trimming its capital spending plans, just the latest energy producer to do as crude prices plunge to levels not seen since the recession. Natural gas prices have slid as well, but partly because of the success of companies like Range Resources in places like the Marcellus Shale in Pennsylvania, where production has...
BP PLC fell$. 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 Thursday's midday movers:
The "Fast Money" traders give their final trades of the day.
Some of Wednesday's midday movers:
Surging U.S. crude supplies, and OPEC's forecast of sharply lower demand for its output drove oil futures sharply lower, raising the stakes for $50 a barrel oil.
Texas, North Dakota, Oklahoma, New Mexico and Colorado together account for almost 98 percent of the total rise in U.S. oil output since the beginning of 2008.. But Oklahoma, New Mexico and Colorado have collectively contributed almost an extra half million barrels per day compared with January 2008, according to the U.S. Energy Information Administration.
Dec 10- Goodrich Petroleum Corp and Oasis Petroleum Inc said they expect to spend much less on exploration and production next year, joining a list of U.S. oil and gas companies cutting capital spending as oil prices plunge. Several large oil producers, including ConocoPhillips and Apache Corp, have set lower capital spending budgets for 2015, rattled by a near...
Dec 10- Goodrich Petroleum Corp said it would explore strategic options for all or a part of its Eagle Ford shale assets in South Texas to boost liquidity, as oil prices fall. Several oil producers, including ConocoPhillips, Apache Corp and Halcon Resources have set lower budgets for 2015 due to a near 40 percent drop in global crude prices. Goodrich, which also has...
Brent crude pared losses after hitting a five-year low on Tuesday and plunging more than 4 percent the day before.
The global oil glut is expected to get much bigger before it's over, keeping pressure on oil prices well into next year.