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Oil and gas producer XTO Energy Inc. said Wednesday its third-quarter profit jumped 22 percent as production increased amid high energy prices. For the period ended Sept. 30, the company earned $521 million, or 94 cents per share, compared with net income...
Tags: prices, gas, oil, net income
Gold dips 2 pct as dollar firms after U.S. elections * Dollar recovers lost ground vs euro after Tuesday's slide * Oil falls $3 a barrel, traders eye U.S. Gold slipped nearly 2 percent on Wednesday as the dollar recovered some the previous session's...
US crude fell to as low as $67.06 a barrel earlier Wednesday, but later reached $68.18...Oil prices have plunged deeply since hitting a record of above $147 a barrel in July amid growing concerns over the global financial crisis. Saudi Arabia had cut...
Tags: prices, dollar, oil, gas, stock, euro, ike, cut, oil price
As of Monday afternoon, the average price for a gallon or regular unleaded gasoline in the Sun Valley area was $2.99, information provided by AAA of Idaho indicates. Still, the drop in fuel prices is certainly a welcome relief for Idaho motorists, who...
Fools, the panic of 2008 has created opportunities for long-term-focused investors. CEO Joe Mansueto summed up a fiscal third quarter that -- judging from the stock price -- disappointed investors mightily. Sure, objectively speaking, the firm's 12% revenue...
The loonie showed mild strength against its major counterparts on Tuesday in New York, reaching a multi-week high against the greenback while being range-bound with the euro...Crude oil turned higher in early trading on Tuesday, erasing a slide from the...
Each company will contribute up to $150 million in cash and properties for the joint venture, which controls about 155,000 acres in the region. The Marcellus area--located in the Appalachians--is estimated to hold trillions of cubic feet of natural gas.
Oil prices surged by 12 per cent amid signs that the world’s largest producer, Saudi Arabia, had substantially cut production. In recent days, Saudi Arabia has cut supplies of crude to key customers and is also believed to have slashed production by up...
Tags: oil, production, cut, stock, energy, record, oil price, fuel, Saudi Arabia, OPEC
BG Group reported third-quarter profits up by 106 per cent to £1.38bn yesterday, joining the growing list of energy companies bucking the economic gloom with vast profit growth. A string of drilling successes, strong demand for liquefied natural gas...
Tags: prices, gas, oil, BG Group, quarter profits, oil price
Hürriyet Daily News In stark contrast to the previous statements of Russian leaders about the necessity of keeping personal savings in rubles, Russians have been storming currency exchange booths in recent weeks, rushing to sell their rubles in a retreat...
Tags: russia, dollar, medvedev, putin, europe, end, news, oil, retail rubles, Russian