Oil prices took a break today (Monday) from their four-day streak of gains. Crude for September delivery ended 35 cents lower, or 0.4%, to $89.78 a barrel on the New York Mercantile Exchange.
The stock market today sank lower at the open after stimulus expectations fueled a rally Friday. The U.S. Commerce Department reported Friday that second-quarter gross domestic product (GDP) expanded at a 1.5% rate, which was slightly higher than ...
DENVER, July 24, 2012 /PRNewswire/ -- EnerCom, Inc. (www.enercominc.com) will host The Oil & Gas Conference� 17 at the Westin Denver Downtown on August 12-16, 2012, in Denver.
By Robert Baillieul. On Thursday, July 19th, Citadel Advisors LLC, a unit of the Citadel Investment Group, announced that it had doubled the size of its stake in Kodiak Oil and Gas (KOG).
Cristobal Montoro, the Spain's finance minister has made a liquidity destroying proposal to tax short-term financial transactions at an astonishing 56% tax rate.
During trading today, both the Energy sector (XLE) and the S&P500 showed little movement. While being down today, the ETF, as a proxy for sector performance, tracked closer to the overall market today than over the past month.
A company's own top management tend to have the best inside view into the business, so when company officers make major buys, investors are wise to take notice.
Devon Energy (DVN) was recently downgraded by Barclays Capital from overweight to equal weight, placing it on the same footing (at least in Barclays' view) as smaller competitor SandRidge Energy (SD).
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