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ThinkstockIn what may be a Pyrrhic victory, Anglo-Dutch oil supermajor Royal Dutch Shell plc (NYSE: RDS-A) is the market leader among branded gasoline sellers in the U.S. for the first half of 2013....
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ThinkstockCrude oil refiners have taken some heavy hits in the past couple of months. Because the cost of crude contributes about 65% to the price of gasoline, gas prices have remained high, but...
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ThinkstockCrude oil refiner Marathon Petroleum Corp. (NYSE: MPC) announced a cut to its second-quarter earnings estimates well after markets closed last night. Late last week the country’s largest...
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ThinkstockOver the past 12 months, the best performing oil refining stock has been Tesoro Corp. (NYSE: TSO), which has doubled, even though it has dropped sharply in the past month. Phillips 66...
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ThinkstockWhen U.S. crude oil supplies remain very high, U.S. drivers can usually depend on gasoline pump prices to fall. That has not been happening in the U.S. for about 2 months now, with gasoline...
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U.S. equity markets opened higher this morning, buoyed by a smaller-than-expected total of new claims for unemployment benefits in the U.S. (more coverage here). The U.S. trade deficit also fell...
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U.S. equity markets opened lower this morning following a weaker-than-expected employment report from ADP and concern that Friday’s report from the Bureau of Labor Statistics will follow the ADP...
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ThinkstockAfter Leading the S&P 500 and the energy sector for the past two years, and into the first quarter of this year, the U.S. refining sector hit a rough patch in March. A narrowing of...
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Frank Golhen, via Wikimedia CommonsOne natural inclination for investors during bull market runs is to avoid stocks that have been the largest percentage gainers. The logic is that they will be the...
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ThinkstockU.S. drivers are using less gasoline than they were five years ago, due primarily to improved mileage ratings on new cars and fewer miles driven. Contributing to the lower demand for...
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Typically in the investing world, if everybody expects an event, the opposite happens. In March of 2009 after a brutal sell-off had knocked the S&P 500 down almost 60% from its 2007 high, there...
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ThinkstockShare prices appreciated by at least 80% for most major crude oil refiners in 2012, a far better performance than turned in by the integrated oil companies, the oil services firms and,...
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ThinkstockOnce again investors are faced with the fact that the politicians in Washington D.C. cannot get anything done. With the president’s State of the Union address tonight, the focus turns...
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U.S. equity markets opened lower this morning on a day that may be the least active of the year so far. The major Asian exchanges are closed today, with Shanghai and Hong Kong beginning the lunar new...
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Jon OggThese are some of this Monday’s top analyst upgrades, downgrades and initiations seen from Wall St. research calls. Amgen Inc. (NASDAQ: AMGN) cut to Market Perform at William Blair. AOL Inc....
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