courtesy of Wal-Mart Stores Inc.The 500 largest corporations in the United States posted profits of more than $1 trillion last year, the first time ever to reach that level and, of course,…
ThinkstockDividend payments by S&P 500 companies reached an all-time high last year, totaling some $330.8 billion, according to FactSet. As of this March, 418 of the 500 companies in the index paid…
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 1.7 million barrels last week, maintaining a total U.S. commercial crude inventory…
ThinkstockWhen the Arab oil embargo began in 1973, the halcyon days of cheap gasoline in the United States were over forever. The embargo was initiated by what was known as OAPEC, or…
To be familiar with a brand means a deeper level of engagement than simple awareness. However, it is not necessarily the case that a brand is familiar because it is a well…
In a move that has been expected for some months now, the Kurdistan Regional Government has defied the Iraqi central government and begun exporting crude oil to Europe.
Bob Beck/Gulf Oil Historical SocietySince Gulf Oil Company opened the first gas station in Pittsburgh in 1913, things have changed a little. Like the price of gasoline — $0.30 a gallon then,…
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 7.2 million barrels last week, maintaining a total U.S. commercial crude inventory…
Several things are taking place ahead of the end of May, and the number of pundits getting more worried about the markets seems to be on the rise. The problem is that…
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 900,000 barrels last week, maintaining a total U.S. commercial crude inventory to…
These are the top Wall Street analyst upgrades, downgrades and initiations for Thursday, May 8, 2014. They include Chevron, Exxon, FedEx, Merck, Tesla, Twitter, Disney and Yelp.
thinkstockMay 7, 2014: Markets opened higher on Wednesday but it turned into a miserable days for tech stocks and the Nasdaq Composite index. Lack of enthusiasm for momentum stocks pretty much sealed…
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 1.8 million barrels last week, maintaining a total U.S. commercial crude inventory…
Chevron reported disappointing first-quarter 2014 results before markets opened Friday morning. The company cited lower prices and volumes for crude oil as responsible for the shortfall.
Paul Ausick ThinkstockExxon Mobil Corp. (NYSE: XOM) and Chevron Corp. (NYSE: CVX) have some serious issues in common. Two obvious issues are that each is a DJIA component, and each is among the global oil…
