Union leaders called strikes on Sunday at nine U.S. refineries in a bid to pressure oil companies to agree to a new national contract covering workers at 63 plants.» Read More
U.S. refineries are expanding their diesel-production capacity, not so much for truckers in the U.S., but for drivers in places like Mexico City and Santiago, Chile.
Check out which companies are making headlines after the bell Monday:
Brian Stutland explains why options traders are betting big on oil refiners.
For the intrepid investor there are ways to consider Emerging Europe for your portfolio. This Here are three approaches.
As stocks surge, traders are springing for calls. And one name seeing heavy call volume is oil and gas giant BP.
Jim Cramer thinks this company could unlock significant value with the simple stroke of a pen.
The Fed is expected to repeat its dovish message in the coming week, which could provide a safety net for the market amid a big wave of earnings and the April jobs report.
A surprise drop in gasoline supplies sent oil and gasoline futures higher, but pump prices are likely to head lower.
Stocks finished sharply lower Wednesday, with the S&P 500 and Nasdaq falling 1 percent each, amid building worries over North Korea and after San Francisco Federal Reserve Bank President John Williams said the central bank could begin to taper purchases this summer if the economy continues to improve.
Which leaders might continue to drive the market in Q2. Cramer crunched the numbers.
Hess plans to split off its oil and gas refining and marketing businesses to refocus on drilling its shale energy assets.
Retail gas prices are up for the tenth consecutive week, reaching their highest level since October. Who's winning here?
These three undervalued oil companies are concentrating on growing their production of crude oil, just like Hess.
Take a look at some of Tuesday's midday movers:
Take a look at some of Monday's midday movers:
Widening spreads between U.S. light, sweet crude and Brent crude prices will be a catalyst for earnings at refiner Marathon Petroleum, CEO Gary Heminger said.
Nov 1- Marathon Petroleum Corp reported a better-than-expected quarterly profit on Thursday due in part to asset sales, though earnings slipped in the company's core refining unit. For the third quarter, the company posted net income of $1.22 billion, or $3.59 per share, compared with $1.13 billion, or $3.16 per share, in the year-earlier period.
Nov 1- Marathon Petroleum Corp reported a better-than-expected quarterly profit on Thursday, though results were helped by the sale of assets in Minnesota, but suffered in the company's core refining unit.
Nov 1- Marathon Petroleum Corp, which recently agreed to pay $2.5 billion for BP Plc's Texas City refining complex, reported on Thursday an 8 percent jump in quarterly profit, due in part to the sale of assets in Minnesota earlier this year.
FINDLAY, Ohio-- A pipeline subsidiary of Marathon Petroleum Corp. rose in its stock market debut after raising $380.6 million in an initial public offering of its units. MPLX LP sold 17.3 million units at $22 each, above the expected range of $19 to $21, which suggested strong demand for the company.