"Oil Rises More Than $2 as Equity Gains Signal Demand May Climb"
Crude oil rose more than $2 a barrel as equities gained, signaling that some investors expect economies to stabilize, bolstering energy demand. Oil climbed as much as 6.2 percent after stocks increased on better than estimated earnings at Wells Fargo & Co. and speculation banks will pass government stress tests....Complete Story
"Alaska Oil Regulators Deny Exxon Petition"
The state of Alaska has denied a petition from Exxon Mobil seeking permission from regulators to form a new oil and gas unit at Point Thomson. Exxon this week asked the Alaska Oil and Gas Conservation Commission to unite the leases of different companies within the Point Thomson oil and gas field....Complete Story
"Oil Chart Signals a Bounce Needed for Rally: Technical Analysis"
Crude oil futures for May delivery are testing key support levels and an “immediate bounce” is needed for the contract to return to recent highs, according to technical analysis by Newedge Group. If prices break through support at the $47.50 to $48, a barrel level, the contract....Complete Story
"Mexico, U.S. Energy Ministers Meet on Cross-Border Oil Fields"
Mexican Secretary of Energy Georgina Kessel Martinez and her U.S. counterpart Steven Chu met on cross-border oil fields and renewable energy, said a statement of the Mexican government. The two ministers met during Kessel's visit to the United States.
The statement said that Kessel....Complete Story
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