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Recovery in oil prices, strong results from Exxon Mobil send investors back to energy stocks

2015-02-03 20:10:05| Oil & Gas - Topix.net

Better-than-expected earnings from Exxon Mobil and a recovery in the price of oil brought investors back into energy stocks Monday. The S&P 500 index rose 25 points, or 1.3 per cent, to 2,020.

Tags: back results send prices

 

US Stocks Rise Again on Higher Oil Prices, Greek Debt Hopes

2015-02-03 19:16:51| Auto Dealers - Topix.net

U.S. stocks rose in noon trading on Tuesday on higher oil prices and signs that Greece's new government won't press for a write-off of the country's bailout loans. European stocks were higher, too.

Tags: prices higher oil rise

 
 

Recovery in oil prices, strong results from Exxon Mobil send investors back to energy stocks

2015-02-03 13:24:57| Energy - Topix.net

Better-than-expected earnings from Exxon Mobil and a recovery in the price of oil brought investors back into energy stocks Monday. The S&P 500 index rose 25 points, or 1.3 per cent, to 2,020.

Tags: back results send prices

 

Lower Oil Prices Strike at Heart of Canada's Oil Sands Production

2015-02-03 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed

New York Time: For as long as 400-ton dump trucks have been rumbling around the open pit mines of Canadas oil sands, crews from Kal Tire have been on hand to replace and repair their $70,000, 13-foot diameter tires. But the relationship, going back over a decade, didnt spare the company when oil prices began plummeting. Dan Allan, the senior vice president of Kals mining tire unit, said that customers immediately began looking for price concessions. Others asked Kal to withdraw personnel from some sites or...

Tags: prices lower production heart

 

Oil prices increase as BP announces capital expenditure cuts

2015-02-03 01:00:00| Offshore Technology

Brent crude oil futures increased above $56 a barrel following BP's announcement to cut capital expenditure this year.

Tags: increase prices capital oil

 

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