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(RTTNews) - Oil finished mildly higher amid choppy trading on Thursday as the weekly employment report sparked hopes the economy could improve. The daily gain was the first in six for crude oil.
HOUSTON (AP) — ConocoPhillips, the third-largest U.S. oil company, said Tuesday second-quarter production rose by more than 100,000 barrels from a year ago, but lower crude and natural-gas prices and refining margins are expected to hurt results.
Publius Aelius Hadrianus, or Hadrian, was the emperor of Rome from AD 117 to AD 138. Under Hadrian’s direction the Roman Empire began construction of a stone fortification that would eventually extend some 80 miles across northern Britain.
CHICAGO - Jul 8/09 - SNS -- Following is the energy futures comment from Alaron Trading Corp. Get me some stimulus and get it fast. Oil goes on a bear blitz as support continues to break down. The market seems to have lost all hope that an economic recovery is just around the corner.
ConocoPhillips cautioned about lower production in the quarter, compared to the year-earlier as well as the previous quarter.
Energy stocks can't sustain early gains, as U.S. data on petroleum inventories confirm slack demand.
ConocoPhillips elevated its production volumes and lowered exploration expenses in the second quarter, but those gains were offset by tighter margins, the nation's third-largest oil company reported in ...
Crude-oil futures tumble more than 4% to a seven-week low, falling for the sixth straight session, as government data shows demand for petroleum products remains weak and as U.S. inventories rise.
Crude oil on Tuesday fell more than $1 to settle on the New York Mercantile Exchange below $63 a barrel. Traders continued to sell the commodity on weak fundamentals and fears that the global economy is not as upbeat as previously believed.
July 7 (Bloomberg) -- ConocoPhillips , the third-largest U.S. oil company, said second-quarter production rose from a year earlier as new projects came online.
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