Bearish economic indicators weigh on energy stocks, as gains in the
previous session give way to selling on grim employment data.
Thursday, February 5, 2009
Energy: Oil and gas companies slide lower with broad market
Wednesday, February 4, 2009
Energy: Refiner Sunoco swings to profit on surging fuel margins
Subject: Energy: Refiner Sunoco swings to profit on surging fuel margins
Independent oil refiner Sunoco Inc. said late Wednesday that surging
profits from its retail fuel sales, lower crude-oil prices and
improved refining margins drove its fourth-quarter earnings back into
the black.
Oil prices fall 46 cents to settle at day's low, $40.32 a barrel, on concerns about waning global energy demand.
Oil prices fall 46 cents to settle at day's low, $40.32 a barrel, on
concerns about waning global energy demand.
Oil prices edge off highs after government reports bigger-than-expected rise in crude inventories.
Oil prices edge off highs after government reports
bigger-than-expected rise in crude inventories.
Energy: Sector moves up with crude prices, ahead of weekly supply data
Energy stocks rose along with crude prices and ahead of key weekly
petroleum inventory data due later Wednesday.
Tuesday, February 3, 2009
Energy: Stocks in focus for Wednesday
Among the companies whose shares are expected to see active trade in
Wednesday's session are Visa, Time Warner, Kraft, Pepsi and Sara Lee.
Energy: Refinery workers settle contract dispute with oil majors
The United Steelworkers union says it reached a tentative agreement
with a unit of Royal Dutch Shell, a move that averts a possible strike
at facilities that handle the bulk of the U.S.'s crude oil refining
capacity.