Wells Fargo puts two senior executives on leave, New York files suit against Exxon Mobil, Mercedes wants to get into the ride-sharing business in China, and other important business headlines.
The U.S. commercial crude oil inventory rose by 6.3 million barrels last, slightly less than the prior week's total. Refinery maintenance has lowered utilization to below 90% for the third straight week.
Crude oil prices have been volatile for the past couple of weeks and U.S. supermajors Exxon and Chevron have been getting knocked around.
Recent market volatility has knocked top energy stocks back down. These three make sense for investors wanting to add energy stocks that are more conservative and pay dependable dividends.
The U.S. natural gas stockpile rose by 81 billion cubic feet last week, slightly less than analysts had expected. The weather outlook for the coming week is for demand to remain high.
Here are the two new additions to the Merrill Lynch US 1 list, and four additional stocks that offer a degree of safety and solid dependable dividends.
U.S. crude oil inventories rose by much more than expected last week and have added to the decline that was already happening in crude oil prices.
Investors may have been worried last week that the sky was falling, but Tuesday was a different story. Suddenly investors felt better and were more upbeat.
For the second consecutive trading day, all 30 Dow stocks closed lower Thursday. Exxon, Chevron, Pfizer, and McDonald's were the biggest losers.
U.S. crude oil inventories rose by 6 million barrels last week, more than analysts had forecast and enough to keep downward pressure on prices.
The U.S. natural gas stockpile rose by 90 billion cubic feet last week, in line with analysts' expectation. Cooler weather ahead could lift demand and prices.
The September 28 short interest data have been compared with the previous figures, and short interest in these selected big oil stocks increased.
Here are 13 companies with solid dividends that currently yield more than both the 10-year Treasury note and the 30-year Treasury bond.
The U.S. natural gas stockpile got a bigger-than-expected boost last week. The large increase took more off the already falling price for natural gas futures.
The U.S. Energy Information Administration reported Wednesday morning that U.S. commercial crude oil inventories rose by 8 million barrels last week, the highest weekly rise of the year so far.
