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Energy stocks turn lower, track broader market
May 23, 2013 at 06:12 | Source: Market Watch
SAN FRANCISCO (MarketWatch) — Energy stocks lost steam Wednesday, ending lower alongside the broader U.S. equity market as Federal Reserve Chairman Ben Bernanke signaled Fed may begin tapering its bond buying in coming months. Bernanke testified t...
Oil under $95 on hefty U.S. supply, QE musings
May 23, 2013 at 06:12 | Source: Market Watch
SAN FRANCISCO (MarketWatch) — Crude-oil futures fell Wednesday to settle well below $95 a barrel as a U.S. government report showing a modest weekly decline in crude inventories failed to ease concerns over ample supplies. Hints from Federal Reser...
Energy stocks inch up; Pioneer, WPX top gainers
May 22, 2013 at 23:32 | Source: Market Watch
SAN FRANCISCO (MarketWatch) — Energy stocks edged higher on Wednesday, losing some steam alongside the broader U.S. equity market as Federal Reserve Chairman Ben Bernanke said Fed bond-buying could taper off. Bernanke testified to Congress earlier...
11 insider plays that can bring you added income
May 22, 2013 at 01:07 | Source: Market Watch
President Obama’s 2010 health-care overhaul cast a pall of uncertainty over hospitals. Among the biggest fears: the hit from looming cuts to Medicare and Medicaid reimbursement rates as the government moves to squeeze costs out of the system. For ...
Tuesday’s movers: Dimon propels J.P. Morgan higher
May 21, 2013 at 20:22 | Source: Market Watch
SAN FRANCISCO (MarketWatch) — J.P. Morgan Chase & Co. was the best performing bank stock in the S&P 500 and the second biggest gainer in the Dow Jones Industrial Average on Tuesday so far as Chairman and Chief Executive Jamie Dimon fends off a pro...
Energy stocks rally, top gainer among S&P sectors
May 20, 2013 at 23:57 | Source: Market Watch
SAN FRANCISCO (MarketWatch) — Energy stocks rose on Monday, the top gainer in the S&P 500 Index, standing head and shoulders above other sectors and up 4.3% on the day. Shares of WPX Energy Inc. (NYSE:WPX) hit a record high as Taconic Capital Ad...
Energy stocks rebound, refiner Tesoro rallies
May 18, 2013 at 02:56 | Source: Market Watch
SAN FRANCISCO (MarketWatch) — Energy stocks rebounded Friday, with refiner Tesoro Corp. leading the way and rallying 7%. The broader U.S. equity markets also gained Friday, with the Dow Jones Industrial Average and the S&P 500 Index ending at reco...
Oil futures settle above $95 a barrel
May 18, 2013 at 01:37 | Source: Market Watch
NEW YORK (MarketWatch) — Crude-oil futures rose on Thursday, settling above $95 a barrel, as traders considered prospects for energy demand amid weak U.S. economic data. Crude oil for June delivery (NMN:CLM3) settled up 86 cents, or 0.9%, to $95.1...
Energy stocks rebound, look set for weekly gain
May 18, 2013 at 00:17 | Source: Market Watch
SAN FRANCISCO (MarketWatch) — Energy stocks rose Friday, shaking off recent weakness and looking set to end the week with a gain of more than 1%. The broader U.S. equity markets also rose on Friday, spurred by positive economic data such as consum...
11 best charts for yield-seeking investors
May 17, 2013 at 20:17 | Source: Market Watch
Health-care muni bonds. President Obama’s 2010 health-care overhaul cast a pall of uncertainty over hospitals. Among the biggest fears: the hit from looming cuts to Medicare and Medicaid reimbursement rates as the government moves to squeeze costs...
11 best charts for income-seeking investors
May 17, 2013 at 18:57 | Source: Market Watch
Health-care muni bonds. President Obama’s 2010 health-care overhaul cast a pall of uncertainty over hospitals. Among the biggest fears: the hit from looming cuts to Medicare and Medicaid reimbursement rates as the government moves to squeeze costs...
Oil prices lose grip of gains ahead of U.S. data
May 16, 2013 at 11:42 | Source: Market Watch
LOS ANGELES (MarketWatch) — Benchmark U.S. crude-oil futures fell Thursday, retreating from gains that were earlier ushered in by an unexpected decline in weekly inventories. Crude-oil prices for June delivery (NMN:CLM3) lost 36 cents, or 0.4%, ...
U.S. wholesale prices fall sharply in April
May 15, 2013 at 20:41 | Source: Market Watch
WASHINGTON (MarketWatch) — U.S. wholesale prices sank in April for the second straight month as the cost of gasoline and vegetables fell sharply. The producer-price index declined by a seasonally adjusted 0.7% to mark the biggest drop in more than...
Oil ends at lowest close in over a week
May 14, 2013 at 05:47 | Source: Market Watch
SAN FRANCISCO (MarketWatch) — Oil futures finished lower on Monday, with strength in the dollar, concerns that the U.S. Federal Reserve will ease back on economic stimulus and rising output from key oil producers pushing prices to their lowest clo...
Italian energy giant Eni to sell 11.7% stake worth $1.98 bn in Snam
May 10, 2013 at 00:42 | Source: DomainB
Italian oil and gas company Eni S.p.A. yesterday said that it will sell 11.7-per cent stake worth around �1.5 billion ($1.98 billion) in natural-gas operator Snam. Eni will sell around 395 million shares at price range of �3.69 to �3.77. At th...
Oil futures fall, struggle to hold above $96
May 09, 2013 at 20:22 | Source: Market Watch
SAN FRANCISCO (MarketWatch) — Crude-oil futures retreated from a five-week high on Thursday, struggling to hold above the $96-a-barrel level, as a decline in U.S. jobless claims raised concerns that the U.S. Federal Reserve will begin to pull back...
Oil prices holding to five-week high at $96
May 09, 2013 at 11:12 | Source: Market Watch
LOS ANGELES (MarketWatch) — Benchmark U.S. crude-oil futures held steady Thursday, sticking with the $96 level after a smaller-than-expected increase in U.S. crude supplies helped earlier to push prices to their highest level in more than month. R...
Oil gains, heating oil falls after supply data
May 08, 2013 at 23:12 | Source: Market Watch
SAN FRANCISCO (MarketWatch) — Oil futures held the bulk of their gains Wednesday, but heating-oil prices slipped after U.S. government data show a modest rise in crude supplies along with a bigger-than-expected climb in distillate inventories. Oil...
Energy stocks seesaw between small gains, losses
May 08, 2013 at 23:12 | Source: Market Watch
SAN FRANCISCO (MarketWatch) — Energy stocks wavered between small gains and losses Wednesday, losing some steam after days of outperformance and as the broader U.S. equity market looked for direction. Top gainers in energy included coal miners Pea...
CNPC in talks to acquire Brazilian oil startup Barra Energia for about $2 bn: report
May 08, 2013 at 17:22 | Source: DomainB
China National Petroleum Corp (CNPC), China's largest oil producer, is in talks to acquire Brazilian oil startup Barra Energia Petroleo e Gas, for about $2 billion, Bloomberg today reported, citing people with knowledge of the matter. The talks are ...










