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  • Final Glance: Oil companies Wednesday, 21 Jan 2015 | 6:01 PM ET

    BP PLC rose $1.13 or 3.0 percent, to $38.82. ConocoPhillips rose $1.35 or 2.1 percent, to $64.54. Exxon Mobil Corp. rose$. 78 or. 9 percent, to $91.87.

  • The lift in prices come after OPEC's Secretary General and the International Energy Agency's chief economist both said they expected prices- hovering at April 2009 lows- to rebound later this year. Total SA joined a raft of international oil companies, including BP Plc and ConocoPhillips, in slashing budgets in light of the recent plunge in prices.

  • Midday Glance: Oil companies Wednesday, 21 Jan 2015 | 1:22 PM ET

    BP PLC rose $1.22 or 3.2 percent, to $38.91. ConocoPhillips rose $1.26 or 2.0 percent, to $64.45. Exxon Mobil Corp. rose$. 53 or. 6 percent, to $91.62.

  • OPEC's secretary-general and the International Energy Agency's chief economist both said they expected prices, currently near their lowest since 2009, to rebound later this year. The cut is "headline-grabbing," analyst Matt Smith of Schneider Electric said, but it will be months before an actual reduction will manifest. Turmoil in Yemen further added to the...

  • *Eni urges OPEC to step in to stop price slide. *OPEC sticks to guns, defends decision not to intervene. DAVOS, Switzerland, Jan 21- OPEC defended on Wednesday its decision not to intervene to halt the oil price collapse, shrugging off warnings by top energy firms that the cartel's policy could lead to a huge supply shortage as investments dry up.

  • Early Glance: Oil companies Wednesday, 21 Jan 2015 | 10:45 AM ET

    BP PLC rose$. 42 or 1.1 percent, to $38.11. ConocoPhillips rose $1.13 or 1.8 percent, to $64.32. Exxon Mobil Corp. rose$. 52 or. 6 percent, to $91.61.

  • DAVOS, Switzerland, Jan 21- French oil and gas company Total will cut spending in ageing North Sea fields and in U.S. shale production after the recent plunge in oil prices, its chief executive said on Wednesday. Speaking at a panel session at the World Economic Forum in Davos, Switzerland, Patrick Pouyanne said he expected oil prices to remain low in the first half of...

  • Final Glance: Oil companies Tuesday, 20 Jan 2015 | 6:36 PM ET

    BP PLC fell$. 17 or. 4 percent, to $37.69. ConocoPhillips rose$. 11 or. 2 percent, to $63.19. Exxon Mobil Corp. fell$. 03 or percent, to $91.09.

  • Midday Glance: Oil companies Tuesday, 20 Jan 2015 | 1:33 PM ET

    BP PLC fell$. 34 or. 9 percent, to $37.52. ConocoPhillips fell$. 35 or. 6 percent, to $62.73. Exxon Mobil Corp. fell$. 44 or. 5 percent, to $90.69.

  • Early Glance: Oil companies Tuesday, 20 Jan 2015 | 10:33 AM ET

    BP PLC fell$. 32 or. 8 percent, to $37.54. ConocoPhillips fell $1.04 or 1.6 percent, to $62.04. Exxon Mobil Corp. fell$. 32 or. 4 percent, to $90.80.

  • LONDON, Jan 19- An oil price slump to multi-year lows, along with a weakening euro, is expected to boost most euro zone firms' earnings, even though economic growth is slowing and the energy sector itself will get squeezed. Carrefour's sales growth accelerated in the fourth quarter, Hennes& Mauritz, the world's second-biggest fashion retailer, saw higher sales...

  • BOSTON/ BENGALURU, Jan 16- The U.S. Securities and Exchange Commission on Friday backed off a ruling it made on when companies may ditch shareholder proposals, drawing praise from activists aiming to add their own directors at grocer Whole Foods Market Inc and other companies. They got a setback in December when Whole Foods was told by the SEC that it could skip...

  • Final Glance: Oil companies Friday, 16 Jan 2015 | 6:19 PM ET

    BP PLC rose $2.13 or 6.0 percent, to $37.86. ConocoPhillips rose $1.67 or 2.7 percent, to $63.08. Exxon Mobil Corp. rose $2.16 or 2.4 percent, to $91.12.

  • Midday Glance: Oil companies Friday, 16 Jan 2015 | 1:19 PM ET

    BP PLC rose $2.02 or 5.7 percent, to $37.75. ConocoPhillips rose $1.66 or 2.7 percent, to $63.07. Exxon Mobil Corp. rose $1.75 or 2.0 percent, to $90.71.

  • Early Glance: Oil companies Friday, 16 Jan 2015 | 10:13 AM ET

    BP PLC rose $1.36 or 3.8 percent, to $37.09. ConocoPhillips rose$. 68 or 1.1 percent, to $62.09. Exxon Mobil Corp. rose$. 84 or. 9 percent, to $89.80.

  • Jan 15- Schlumberger Ltd, the world's No.1 oilfield services provider, said it will cut 9,000 jobs, or about 7 percent of its workforce, as it focuses on controlling costs amid plummeting oil prices. Schlumberger had said last month that it would take a $1 billion charge related to jobs cuts and the writedown of some seismic vessels. Schlumberger's customers- oil...

  • US crude reverses early gains to settle down 4.6% Thursday, 15 Jan 2015 | 2:31 PM ET
    The oil storage depot at Indonesian oil company Pertamina in Jakarta

    Oil prices fell on Thursday after weak U.S. economic data spurred worries over crude oil demand.

  • LONDON, Jan 15- Oil majors BP and ConocoPhillips will cut over 500 jobs in the North Sea following similar moves by rivals to reduce costs in one of the world's most expensive exploration areas as oil prices tumble. BP employs 4,000 people in the North Sea and another 11,000 across the UK. Fellow North Sea oil producer ConocoPhillips is cutting 230 jobs in Britain,...

  • UPDATE 1-BP to cut North Sea jobs as oil price plummets Thursday, 15 Jan 2015 | 4:59 AM ET

    LONDON, Jan 15- BP will cut hundreds of jobs in the North Sea to reduce costs in one of the world's most expensive exploration areas as oil prices fall. The BBC quoted sources as saying staff cuts would be announced later on Thursday in the Scottish city of Aberdeen. Fellow North Sea oil producer ConocoPhillips is also cutting 230 jobs in Britain, with its UK...

  • "If the oil price stays in the $50- $60 range, investments could fall further." Brent crude tumbled more than 50 percent since mid-2014 and trades around $47 per barrel, well below the $60 per barrels level around Christmas when the new forecasts were finalized. Statoil and Shell have already canceled or delayed big projects while others, like Lundin Petroleum, said...