Brian Stutland explains why options traders are betting big on oil refiners.» Read More
Brian Stutland explains why options traders are betting big on oil refiners.
After almost three years of churning bumper profits from the massive price gap between the world's two most actively traded crude oil contracts: Is the game finally coming to a close?
Kinder Morgan is building a 27- mile, 12- inch lateral pipeline to the Sweeny refinery from its 300,000 bpd crude and condensate pipeline that moves Eagle Ford output to the Houston Ship Channel. The lateral pipeline's initial capacity was 30,000 bpd, but Kinder Morgan said it will increase to 100,000 bpd.
**GENERAL MOTORS CO, Wednesday close $30.18, up 4 pct premarket. **SEAGATE TECHNOLOGY, Wednesday close $36.94, up 4 pct premarket. **FACEBOOK INC, Wednesday close $27.43, up 2 pct premarket.
**GENERAL MOTORS CO, Wednesday close $30.18. **MANULIFE FINANCIAL CORP, Wednesday close $14.65. **ACTAVIS INC, Wednesday close $104.39.
The "Fast Money" traders share their final trades of the day.
HOUSTON, May 1- Independent refiner Phillips 66. expects North Dakota's Bakken crude oil to be competitively priced despite a narrowed discount of the U.S. crude benchmark West Texas Intermediate relative to London's Brent, an executive told analysts on Wednesday.
Jim Cramer makes the call on viewers' favorite stocks.
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.
In the options market, big money can be made pretty quickly. For one trader, it only took a day. Here's how he did it.
It’s time for the Lightning Round. Cramer makes the call on viewer favorite.
It’s time for the Lightning Round. Cramer makes the call on viewer favorites.
Option traders have been extremely active in Phillips 66 for months, and the bulls were back yesterday.
While small, the sole exchange-traded fund (ETF) focused on the initial public offering market continues to deliver impressive returns for investors.
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:
Jim Cramer thinks a revolution is underway - a massive shift that will be wide reaching.
Phillips 66 has been lighting up our scanners, and the buyers came back for more yesterday.
Phillips 66 gained 2.7 percent Friday on news that the company would be raising its dividend by 25 percent, and do another $1 billion in share buybacks for the second quarter in a row.
The year is almost over, but "Mad Money" host Jim Cramer isn't heading for the bench. He’s in the game!