Tag Archive | "corp"

Wall Street Loves Oil

Friday, June 12, 2009

Crude prices in Asia slipped Friday on a stronger U.S. dollar and as traders sold off bets to lock in profits, but the overall rally is expected to continue on hopes that data on the global economy will stay bullish. Crude prices are down, but after we wake up tomorrow morning, they may hit $73 a barrel, traders said.

Hess Corp. Suffers Quarterly Loss on Drop in Crude Oil Prices

Thursday, January 29, 2009

The company announced this morning that it suffered a fourth-quarter net loss as revenue tumbled amid the steep decline in its crude oil selling price. For full story, click here

Indian Oil Corp to sell oil bonds

Wednesday, December 17, 2008

State-run refiner Indian Oil Corporation will begin selling 10 billion rupees of oil bonds on Thursday, two sources close to the transaction said on Wednesday. For full story, click here

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