Tag Archives: Oil

Exxon Mobil (NYSE:XOM) and Royal Dutch Shell (NYSE:RDS.A) Sees US Led Gas Boost Global Economy – XOM, TOT, CVX, MRO

World’s leading energy company Exxon Mobil Corporation (NYSE:XOM) and Royal Dutch Shell plc (ADR) (NYSE:RDS.A) reported a United States led change of the natural-gas market would improve the global economy even as oil becomes more costly.

Exxon Chief executive officer …

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Iran cuts oil supply to Britain and France

Continued disputes with Iran and its nuclear program pushed oil above $105 a barrel on Monday. The Middle-Eastern oil producer said that it has turned the tap off to Britain and France due to on-going and escalating tension between the …

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Soaring stocks and the reasons why (CHK, MFN, CTIC)

In this report: Chesapeake Energy (NYSE:CHK), Minefinders (AMEX:MFN) and Cell Therapeutics (NASDAQ:CTIC).

Chesapeake Energy (NYSE:CHK) is trading over 6 percent higher today after the company announced that it will cuts back its natural gas production during 2012 and shift its …

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Halliburton sees spike in profit during 4Q

Halliburton (NYSE:HAL) is trading over 2.8 percent lower today after the company reported its fourth quarter financials. The company said net income rose by nearly 50 percent due to higher oil prices which increased demand for drilling services.

For the …

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Crude prices drop on delayed Iranian crude embargo and cut to French credit rating

Oil futures fell slightly on Friday after Eurozone officials said that an embargo on Iranian crude import may be delayed by up to six months. The news sent crude prices to a three-week low after the officials said that the …

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What’s up Goodrich Petroleum, IMAX and Rare Earth Resources?

In this report: Goodrich Petroleum (NYSE:GDP), Imax Corp. (NYSE:IMAX) and Rare Element Resources (AMEX:REE).

Goodrich Petroleum (NYSE:GDP) shares jumped by more than 7 percent on Wednesday after the company said that it expects to more than double its oil production …

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