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FRIDAY, NOVEMBER 27, 2009
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NEWS ABOUT: Exxon

Exxon stories: 26 news summaries

21 - 26 of 26 Stories | << Prev 1 2

MARKETS

Stocks Fall on Credit Worries

JPMorgan says earnings will drop at big brokerages

(Newser) - Stocks fell again today after JPMorgan Chase predicted that profits would drop at big brokerages. Meanwhile, lower oil prices lowered earning prospects for energy companies, reports Bloomberg. "Until credit loosens up, you can't get a solid footing in the market," says a manager. The Dow was down 65.... More »

Demand for Oil May Pass Output by 2012 

Experts see prolonged crisis as producers max out pumping ability

(Newser) - Production limits, not supply, could prompt an oil crisis in less than a decade as efforts to reduce demand and introduce alternative fuels trail growth in the world’s oil needs, the Journal reports. Oil companies currently produce 85 million barrels daily; some experts say they'll hit a wall at... More »

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Exxon solar energy oil refineries oil production IEA oil supply

(Newser) - Stocks fell today as oil producers and miners faced fears a slow economy would hamper demand. Crude dropped as low as $78.98 as Columbus Day brought the slowest trading session of the year; the Dow closed at 14,043.73, down 22.28. Exxon and Occidental both saw declines,... More »

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Exxon Dow Jones Alcoa Nasdaq miners crude oil quarterly reports Occidental Columbus Day S&P 500

Market Sinks After Tech Rally Shuts Down

Tech boom erased by mortgage, energy concerns at bell

(Newser) - The tech sector boomed early today, but couldn’t save the market from bank and energy woes at day’s end. Declines in MBIA, Exxon and Home Depot shares helped to erase early gains on the Nasdaq and S&P, and the bankruptcy of Aegis Mortgage Corp. renewed financing worries,... More »

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stock market Exxon Dow Jones subprime mortgages stocks Nasdaq Home Depot MBIA

Market Rallies After Fed Rollercoaster

Stocks gain on body's 'moderate' growth expectations

(Newser) - Stocks were up across the board today after the Fed expressed confidence that “moderate” expansion would continue, countering fears that the subprime fiasco will bleed further into the broader market. The Dow was down more than 100 points immediately after the decision as traders scrambled to decode it, but... More »

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stock market Exxon Citigroup Dow Jones subprime mortgages Nasdaq AIG S&P 500

Big Oil Shut Out
Of Iraq Deals

First new oil contracts go to China, India—even Vietnam and Indonesia

(Newser) - U.S. oil companies are far from first in line as Iraq doles out its initial oil contracts.   China, India—even Vietnam and Indonesia—have the inside track instead, thanks to contracts and infrastructure dating back to the Saddam regime, and more positive Iraqi sentiment. "They have... More »

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Iraq China oil Indonesia Vietnam India Iraq oil Exxon Shell Chevron BP business United States ExxonMobil fuel

21 - 26 of 26 Stories | << Prev 1 2