Chevron, Exxon Tank the Dow Friday
May 25, 2018: Markets opened lower again Friday with the Dow and the S&P 500 trading in the red for the rest of the day. The Nasdaq broke into the ...Read Full Story »
ExxonMobil Corp (NYSE:XOM)
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Short Sellers Up the Ante in Major Oil Stocks
Crude oil slipped below $70 a barrel early on Friday, the first time oil has been below this level in a couple weeks. The price of oil actually reached as ...Read Full Story »
Exxon Mobil, Chevron Clobber the Dow Thursday
May 24, 2018: Markets opened lower Thursday following Trump's cancellation of the June meeting with North Korea's Kim Jong-un. Trump's threatened tax on imported cars boosted the industrials, consumer cyclicals, ...Read Full Story »
Natural Gas Price Ticks Higher on Inventory Rise
The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 91 billion cubic feet for the week ending May 18. Analysts were expecting a ...Read Full Story »
Crude Oil Price Falls on Huge Inventory Increase
The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning, showing that U.S. commercial crude inventories increased by 5.8 million barrels last week, maintaining a total ...Read Full Story »
The Biggest Company the Year You Were Born
To succeed in the U.S. economy, companies must constantly adapt to changing conditions. Though some of the nation’s largest corporations -- companies such as General Electric, Exxon Mobil, and ...Read Full Story »
Natural Gas Price Steady Following Addition to US Supply
The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 106 billion cubic feet for the week ending May 11. Analysts were expecting a ...Read Full Story »
Crude Oil Price Narrows Loss as Inventory Slides
The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning showing that U.S. commercial crude inventories decreased by 1.4 million barrels last week, maintaining a total ...Read Full Story »
Wall Street Analysts Are All In on Energy as Oil Plows Through $70
What a week it was for the long-suffering energy investors. As expected, the president reinstated full sanctions on Iran while departing the Iran deal, which many felt was not in ...Read Full Story »
Disney, Exxon Mobil Boost the Dow Thursday
May 10, 2018: Markets opened higher again Thursday following a report that the consumer price index rose just 0.2% in April (only 0.1% excluding food and energy). The gain could ...Read Full Story »
Natural Gas Price Rises After Boost to US Supply
The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 89 billion cubic feet for the week ending April 27. Analysts were expecting a ...Read Full Story »
Major Oil Boom Shocks Short Sellers
Crude oil is finally back above $70 a barrel after suffering for a while. Before this, oil had not been at this price level in over two years. Crude only ...Read Full Story »
General Electric, DowDuPont Lead the Dow Higher Wednesday
May 9, 2018: Markets opened higher Wednesday before dipping below the break-even line in the late morning and then taking off for a couple of hours in the afternoon to ...Read Full Story »
Crude Oil Price Jumps on Iran, Lower Inventories
The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning showing that U.S. commercial crude inventories decreased by 2.2 million barrels last week, maintaining a total ...Read Full Story »
4 Must-Buy Energy Stocks as Oil Surges Over $70 a Barrel
For the first time in almost four years, the price of oil has gone over the $70 mark, and there is a good chance it will stay there and could ...Read Full Story »
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