Ulta Salon shares mark lowest close since June
Dec 07, 2013 at 13:07 | Source:
SAN FRANCISCO (MarketWatch) — Shares of Ulta Salon Cosmetics & Fragrance Inc. lost a fifth of their value Friday to close at their lowest level since June after the company released a disappointing earnings report and outlook. Decliners Getty Imag...
Oil futures score a weekly gain of more than 5%
Dec 07, 2013 at 13:07 | Source:
SAN FRANCISCO (MarketWatch) — Oil futures closed modestly higher on Friday to score a weekly gain of more than 5% as upbeat economic data, including strong U.S. jobs growth, raised the outlook for energy demand. Crude oil for January delivery (NMN...
Oil cuts gain, but still up fifth straight session
Dec 06, 2013 at 12:02 | Source:
SAN FRANCISCO (MarketWatch) — Oil futures on Thursday pared much of their gains by the close but still logged a fifth-straight session climb, supported by U.S. data showing third-quarter economic growth, a fall in weekly jobless claims and the fir...
Oil futures extend gains on inventory fall
Dec 05, 2013 at 13:27 | Source:
HONG KONG (MarketWatch) — Crude oil prices rose on Thursday, extending gains after weekly data showed U.S. crude oil supplies fell unexpectedly. Crude oil for January delivery (NMN:CLF4) rose 14 cents, or 0.1%, to $97.34 a barrel in electronic ...
First supply drop in 11 weeks lifts Nymex oil
Dec 05, 2013 at 08:07 | Source:
SAN FRANCISCO (MarketWatch) — Oil futures traded on Nymex settled higher on Wednesday after U.S. government data showed that crude supplies fell for the first time in 11 weeks. Brent crude traded on ICE Futures fell below $112 a barrel after membe...
The most compelling value play in the MLP space
Dec 04, 2013 at 20:07 | Source:
Investors looking for a high-yielding value play on growing North American production of crude oil should consider Enbridge Energy Partners LP. Management has always cautioned that 2013 would be a transitional year for Enbridge Energy Partners (NYSE...
China grapples with natural-gas shortage
Dec 04, 2013 at 12:17 | Source:
BEIJING (Caixin Online) — Winter has only just started, and China’s is experiencing its biggest natural-gas shortage ever. At a shareholder’s meeting in May, the chairman of China National Petroleum Co. (CNPC), Zhou Jiping, announced that “r...
Energy stocks cling to gains, Pioneer leads
Dec 04, 2013 at 05:37 | Source:
SAN FRANCISCO (MarketWatch) — Energy stocks held onto gains Tuesday while the broader equity market succumbed to fears the Federal Reserve will begin to cut its bond purchases sooner rather than later. • Stock market LIVE: Latest news and commen...
Energy stocks cling to gains; QEP leads
Dec 04, 2013 at 00:17 | Source:
SAN FRANCISCO (MarketWatch) — Energy stocks held on to gains Tuesday while the broader equity market succumbed to fears the Federal Reserve will begin to cut its bond purchases sooner rather than later. Major stock indexes were down, with investor...
Gazprom Slumps on Ukraine Protests: Russia Overnight
Dec 03, 2013 at 04:00 | Source:
OAO Gazprom declined to a three-month low in New York amid the biggest political protests since 2004 in Ukraine, a key route for natural gas shipments to the European Union. American depositary receipts of Gazprom, Russia's natural-gas export...
Oil edges higher; cold weather boosts natural gas
Nov 30, 2013 at 06:12 | Source:
NEW YORK (MarketWatch) — Nymex oil futures ended higher Friday, rebounding slightly from a nearly six-month low as a marginally weaker dollar contributed to a positive tone in commodity markets, while a cold snap helped drive natural-gas futures t...
Oil drops to lowest close in nearly six months
Nov 28, 2013 at 03:37 | Source:
SAN FRANCISCO (MarketWatch) — Nymex oil futures on Wednesday dropped to their lowest close in nearly six months after data from the U.S. government showed a 10th weekly rise in crude supplies. Natural-gas futures climbed on the back of a fall in U...
Oil futures end at one-week low before supply data
Nov 27, 2013 at 05:07 | Source:
SAN FRANCISCO (MarketWatch) — Oil futures closed at their lowest level in a week on Tuesday ahead of U.S. petroleum supply reports, as investors considered the impact of Iran’s deal with major powers over its disputed nuclear program. Crude oil ...
Nymex oil cuts loss; Brent nearly recovers
Nov 26, 2013 at 06:32 | Source:
SAN FRANCISCO (MarketWatch) — Nymex oil pared its losses and Brent crude settled with a small decline after the U.S. and other western powers agreed to a short-term deal to curb Iran’s nuclear program. The pact fueled concerns that an easing of ...
Oil futures score first weekly climb in seven
Nov 23, 2013 at 07:17 | Source:
SAN FRANCISCO (MarketWatch) — Oil futures finished modestly lower on Friday but scored a weekly gain, their first in seven weeks, with the market plagued by nine weeks of rising U.S. crude inventories and uncertainty over the outlook for energy de...
Oil steps back after strong gains
Nov 22, 2013 at 12:52 | Source:
LOS ANGELES (MarketWatch) — Oil futures eased in electronic trade Friday, with some analysts citing profit-taking after sharp gains helped by strong U.S. economic data and news on the West’s negotiations with Iran. Benchmark U.S. crude oil for J...
Oil ends above $95 as strong demand lifts products
Nov 22, 2013 at 04:57 | Source:
SAN FRANCISCO (MarketWatch) — Oil futures rose to close above $95 a barrel on Thursday as prices for petroleum products rallied on the back of strong demand and natural-gas supplies marked their first decline of the season. Oil prices also found s...
Chesapeake, WPX Energy lead energy higher
Nov 22, 2013 at 02:22 | Source:
SAN FRANCISCO (MarketWatch) — Energy stocks gained Thursday, getting a boost alongside the broader equity market from data showing U.S. jobless claims at their lowest since September. The Labor Department said the number of U.S. residents who last...
Eni to sell entire Siberian JV stake to Gazprom, Novatek for $2.94 bn
Nov 21, 2013 at 21:42 | Source:
Italian energy giant Eni SpA yesterday said that it will sell its 60-per cent stake in Siberian joint venture Arctic Russia BV, which holds a 49-per cent stake in a natural gas field in the far north of Russia to Gazprom and Novatek, for about $2.94...
Oil heads higher as U.S. jobless claims fall
Nov 21, 2013 at 21:07 | Source:
SAN FRANCISCO (MarketWatch) — Oil futures headed higher Thursday as a bigger-than-expected fall in U.S. jobless claims brightened the outlook for energy demand, but news that manufacturing growth in China slowed this month kept a cap on the gains....