Tuesday, February 24, 2009

Nymex Up First Time In Three Days, Exxon and Chevron Lift Broader Market


"Nymex Oil Advances for First Time in Three Days as U.S. Equities Rebound"
Crude oil rose for the first time in three days as the U.S. stock market advanced, signaling that fuel use in the world’s biggest energy consuming country may rebound....Complete Story

"Gasoline in New York Has First Gain in Three Days as Stock Futures Climb"
Gasoline futures rose for the first time in three days as U.S. stock indexes advanced after yesterday’s losses and on speculation that supplies of the motor fuel were unchanged last week....Complete Story

"ExxonMobil, Chevron Boost Broad Market"
ExxonMobil and Chevron outpaced gains in the Dow Jones Industrial Average on Tuesday as the oil giants bolstered the broad market. A rise in crude oil prices and positive earnings reports from smaller players encouraged buying....Complete Story

"38 Foreign Cos Register for 2nd Iraq Oil Bid Round"
Thirty-eight international oil companies registered at the Iraqi oil ministry to bid for the 11 groups of oil and gas fields put up for a second bidding round by Iraq at the end of last year....Complete Story

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