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U.S. equity markets opened flat this morning, largely due to a slew of data from Europe that essentially cancelled any good news with an equal dollop of bad. U.S. unemployment data came out before...
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U.S. equity markets opened lower this morning before bouncing into positive territory briefly and then turning south again. As happened yesterday, the focus was on Europe, where Italy’s oldest bank...
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Thinkstock BP, Texas City refineryWhen oil refiner Valero Energy Corp. (NYSE: VLO) reported a big earnings beat this morning, it was almost inevitable that the halo would also appear above the other...
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ThinkstockCrude oil transportation on the Seaway pipeline resumed today at the pipeline’s full capacity of 400,000 barrels a day now available to shippers wanting to move crude from the storage...
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ThinkstockPipeline master limited partnership Kinder Morgan Energy Partners LP (NYSE: KMP) announced this afternoon that it will update the scope of its expansion of the Trans Mountain pipeline...
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We have reported at great length recently on the lists put out by Wall Street firms that highlight their best of the best picks. Whether it is the “Conviction Buy List,” a “Focus List,” or...
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ThinkstockOil refiner Tesoro Corp. (NYSE: TSO) announced late yesterday that it would close its 93,500 barrel per day refinery in Kapolei, Hawaii, this coming April. The company has been seeking a...
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thinkstockLooking back on 2012, it is hard to discern the biggest story in the oil and gas sector. The reshuffling of assets was certainly a contender, as was the huge growth in U.S. oil production....
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ThinkstockLast night’s agreement on a fiscal cliff deal is lifting the commodities markets this morning, especially for crude oil. Traders are reacting to the now-lessened chance of a global...
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ThinkstockLooking back on 2012, it is hard to discern the biggest story in the oil and gas sector. The reshuffling of assets is certainly a contender, as is the huge growth in U.S. oil production....
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U.S. equity markets opened about flat this morning but fell into a swoon following remarks from House Speaker John Boehner indicated that there has been no change to the gridlock in negotiations on...
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The list of the best stocks of 2012 on the S&P 500 Index is one which makes sense in some cases and doesn’t in other cases. Some of these are simply recovery situations from lows but a few are...
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ThinkstockWhen California gasoline prices topped $5 a gallon early last month, the state’s big refiners said they were performing maintenance at some of the plants and a couple were recovering from...
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Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Wednesday. Barrick Gold Corp. (NYSE: ABX) cut to Hold at Argus. Changyou.com Ltd....
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Last week we noted that Royal Dutch Shell plc (NYSE: RDS-A) (NYSE: RDS-B) had applied for a permit to export U.S. crude. BP plc (NYSE: BP) has already received a permit to export U.S. crude to...
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