Hints and tips:
...EOG Resources, Marathon Petroleum, Diamondback Energy, Devon, Energy and Phillips 66 made up the back half of the benchmark’s top 10, with advances in a range of 4 to 5 per cent....
...So I think we all would like to see gasoline prices come down,” said Phillips 66’s Garland....
...Brent crude, the international oil benchmark, climbed 4 per cent to above $40 a barrel. “STOCK MARKET HIGHS. VOTE!”...
...Brent crude was up 4.8 per cent to $62.33 per barrel, a ten-day high....
...The shares of refiners Phillips 66 and Marathon Petroleum have risen by 13 and 11 per cent, respectively, this month....
...Energy stocks put in mixed performances even as Brent oil held above $60 a barrel for the fifth day in a row....
...Recovery in the oil market has accelerated this year, with Brent crude, the international benchmark, trading at three-year highs around $70 per barrel in recent weeks....
...Brent oil remained on the ascendant as it settled above $62 a barrel for the first time since 2015....
...As crude demand from refineries weakened, the international Brent oil benchmark and US marker West Texas Intermediate dipped last week. On Monday, Brent ticked lower by 7 cents to $52.68 a barrel....
...Still Desperately seeking the Phillips Curve That is the upshot after Friday’s US employment report, for October, with wage growth flat even as the unemployment rate dropped....
...“Our design is focused on Australia’s specific requirements, which means there is little prospect of exporting submarines,” says Brent Clark, Naval Australia’s chief executive....
...ExxonMobil and Phillips 66 are down 9 per cent this year, Chevron has fallen nearly 10 per cent and Schlumberger has slid 15 per cent....
...Can Brent crude stay above $50?...
...Mr Johnson had been promoted to chief executive in February 2016 after the abrupt departures of previous chairman and chief executive, Ed Warner and Phillip Wale....
...Erwan Lagadec of the Atlantic Council’s Brent Scowcroft Center on International Security writes approvingly on Thursday’s High Court ruling, saying that it proves that the “United Kingdom is not an Athenian...
...Oil is on track for its biggest monthly gain in seven years with both West Texas Intermediate and Brent, the international benchmark, up over 20 per cent in April....
...The S&P 500 energy sector is down more than 3 per cent and is the worst performer on the benchmark index as Brent crude has fallen to its lowest level in more than a decade....
...Chevron reported lower profits from its 50 per cent stake in CP Chem, its joint venture with Phillips 66....
...Kate Allen is an FT political correspondent Photographs: Christopher Pledger; Sylvain Sonnet/Getty Images; P Singh/WMF; Ye Aung Thu/AFP/Getty Images; Brent Bergherm/Getty Images; Newsteam...
...For the week Brent rose 10 per cent, settling at $50.05 a barrel. Brent had fallen sharply in seven of the nine previous weeks, and hit a six-year low of $42.23 on Monday....
...More conventionally, Phillip Wale has stepped down as chief executive of stockbroker Panmure Gordon and will be replaced by deputy Patric Johnson....
...West African grades of crude oil are benchmarked against Brent....
...“This business will survive at $100 Brent pricing, it will survive at $60 Brent pricing,“ he said. Brent hit a six-year low near $45 a barrel in January after years of trading above $100....
...“Individual accountability is the cornerstone of protecting the integrity of our financial markets,” said Brent Snyder, a senior lawyer at the DoJ’s antitrust division, which carried out the investigation...
...The company expects the price of Brent crude, which was trading at $66 on Thursday, will rise to $80 by 2018....
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