Marathon Oil will cut capital expenditures by about $1 billion in 2010, the company said Thursday, with a larger percentage of funds going toward exploration and production and a smaller percentage toward its hard-hit refining business.

Crude inventories and gasoline inventories fell last week, missing analysts' expectations, the government said Wednesday.

Stocks finished mixed Tuesday as techs struggled after a downgrade on Intel. Transports rose following news that that Warren Buffett is buying Burlington Northern railroad. Industrials also gained after this week's encouraging manufacturing reports.

Stocks tumbled Tuesday, led by techs after an analyst downgrade on Intel. Transports rose following news that Warren Buffett is buying Burlington Northern railroad.

What follows is a roundup of corporate earnings reports for Tuesday, Nov.3.

With the markets in volatility mode, investors will likely be focusing on the Federal Reserve Tuesday, even though the 2-day Federal Open Market Committee meeting that begins this afternoon won't conclude until Wednesday. 

The price of oil is crucial for a stable economic recovery, Bob Doll, chief investment officer for equities at BlackRock told CNBC Monday. He reiterated his opinion that stock markets are likely to end the year higher but they will encounter some hurdles.

For the second straight quarter, Exxon Mobil, Royal Dutch Shell and most of the world's largest oil companies are poised to report quarterly earnings that pale in comparison to a year ago.