ReutersOil up 2 percent, Brent hits $60/bbl on support for extending curbsReutersNEW YORK (Reuters) - Oil prices jumped about 2 percent on Friday, with global benchmark Brent crude rising above $60 per barrel, on support among the world's top producers …
ReutersStocks advance as dollar fall boosts oilReuters"Oil is probably trying to recoup some of the losses that they've had this week," said Jim Davis, regional investment manager at U.S. Bank Wealth Management in Springfield, Illinois. U.S. …
ReutersAfter Alaska flop, Shell's search for oil moves closer to homeReutersThe Anglo-Dutch group is combining the latest technology with the wisdom of industry veterans to unlock new oil and gas deposits where it already operates, usually within 20 km …
USA TODAYThe world is ignoring one of cheap oil's biggest victimsUSA TODAYOn cable news, the oil market is presented as a great game. When the price of oil plummets, TV pundits shout about “winners and losers” as stock prices flash below their chins. T …
ReutersWall St. posts sharp November gains; S&P 500 flat on dayReutersEnergy shares jumped with oil prices after OPEC agreed to cut production. U.S. oil prices rose 9.3 percent, while the S&P energy index jumped 4.8 percent. Bank shares also jumped …
ReutersS&P 500 edges lower; tech, utility losses offset energy rallyReutersNews that OPEC agreed to cut production drove U.S. oil prices up 9.3 percent, causing the S&P 500 energy index to rally 5.1 percent and bond yields to jump. But top dividend …
ReutersOil, bank stocks send S&P, Dow to record highsReutersOil prices surged 8 percent after Kuwait's oil minister said the OPEC had agreed to cut production to 32.5 million barrels per day. [O/R]. The S&P 500 energy sector soared as much as 5 …
ReutersOil, bank stocks lift S&P, Dow to record levelsReutersOPEC agreed to cut production to 32.5 million barrels per day, Kuwait's oil minister said. The cuts include Iraq reducing output by 200,000 bpd to 4.351 million beginning in January. Oil …
ReutersS&P, Dow hit record highs as oil, bank stocks gainReutersOil prices soared 7.4 percent as some of the world's largest producers agreed to curb oil output for the first time since 2008. [O/R]. Shares of oil majors Exxon and Chevron rose more …
ReutersDow opens at record high as oil prices surgeReutersThe Dow opened at a record high as oil prices surged after the world's largest oil producers agreed to curb oil output for the first time since 2008. The Dow Jones industrial average was up 67.5 …