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Positive economic performance bodes well for the energy sector, strategist Kate Warne says.
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BP PLC fell$. 14 or. 3 percent, to $42.84. ConocoPhillips rose$. 22 or. 4 percent, to $62.64. Exxon Mobil Corp. fell$. 59 or. 6 percent, to $90.65.
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*BG Group, OGX, Total, BP among winners at Brazil auction. RIO DE JANEIRO, May 15- For the first time in nearly five years, Brazil's flagging oil industry has received serious interest from private investors.
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BP PLC fell$. 13 or. 3 percent, to $42.98. ConocoPhillips fell$. 63 or 1.0 percent, to $62.43. Exxon Mobil Corp. rose$. 04 or percent, to $91.15.
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BP PLC fell$. 14 or. 3 percent, to $42.97. ConocoPhillips fell$. 48 or. 8 percent, to $62.58. Exxon Mobil Corp. fell$. 30 or. 3 percent, to $90.81.
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*BG Group, OGX, Total, BP among big winners at Brazil auction. RIO DE JANEIRO, May 15- For the first time in nearly five years, Brazil's flagging oil industry has received a jolt of serious interest from private investors.
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RIO DE JANEIRO, May 14- Brazil's first auction for oil and gas rights in five years attracted a record amount of money on Tuesday, alleviating fears that government intervention and growth in new global supplies might dampen enthusiasm for the country's oil sector.
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The S&P and Dow closed at fresh all-time highs on Tuesday after widely followed hedge fund manager David Tepper said he is "definitely bullish" on stocks.
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RIO DE JANEIRO, May 14- Global energy companies were strong bidders on Tuesday at Brazil's first auction for oil and natural gas rights in five years, alleviating fears that government intervention and growth in new global supplies might crimp enthusiasm for the South American country's oil sector.
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BP PLC rose$. 06 or. 1 percent, to $43.08. ConocoPhillips rose$. 81 or 1.3 percent, to $62.81. Exxon Mobil Corp. rose$. 71 or. 8 percent, to $90.81.
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RIO DE JANEIRO, May 14- Global energy companies showed strong interest early on Tuesday at Brazil's first auction for oil and natural gas rights in five years, alleviating fears that government intervention and growth in new global supplies might crimp enthusiasm over the South American country's oil sector.
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BP PLC rose$. 08 or. 2 percent, to $43.10. ConocoPhillips rose$. 19 or. 3 percent, to $62.19. Exxon Mobil Corp. rose$. 49 or. 5 percent, to $90.59.
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RIO DE JANEIRO, May 14- Brazil on Tuesday kicked off its first auction for oil and natural gas rights in five years, gauging whether government intervention and growth in new global supplies have crimped the interest that followed discoveries of huge offshore reserves in 2007..
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BP PLC fell$. 23 or. 5 percent, to $42.95. ConocoPhillips fell$. 44 or. 7 percent, to $61.79. Exxon Mobil Corp. fell$. 39 or. 4 percent, to $89.75.
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BP PLC fell$. 23 or. 5 percent, to $42.95. ConocoPhillips fell$. 14 or. 2 percent, to $62.09. Exxon Mobil Corp. fell$. 59 or. 7 percent, to $89.55.
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The Marcellus Shale, a 600-mile formation brimming with natural gas, is becoming a major asset in the U.S. energy boom.
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HOUSTON, May 7- Exxon Mobil Corp said on Tuesday it is starting a $4 billion project to develop the Julia oilfield in the Gulf of Mexico. The field is estimated to hold an estimated 6 billion barrels of oil and comprises five leases in the ultra-deepwater Walker Ridge area of the Gulf of Mexico. BP Plc, Chevron Corp, Royal Dutch Shell Plc.
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NEW YORK, May 7- Long considered the best option for growth investors, technology funds have lost some of their edge. It's not just that many technology funds have large stakes in Apple Inc, whose shares have fallen nearly 23 percent over the last year as it lost share of the worldwide smartphone market to Samsung Electronics Co Ltd.
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For the intrepid investor there are ways to consider Emerging Europe for your portfolio. This Here are three approaches.
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BAGHDAD/ ARBIL, Iraq, May 7- A lasting solution to Iraq's dispute with its Kurdish north is unlikely even if recent talks between the two sides lead to a resumption of oil exports from the autonomous region.