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Article By: Jim Van Meerten
Thursday, January 19, 2017 9:47 AM EST
Stock losses were muted as energy producing companies gained with Mar WTI crude oil prices (CLH17 +1.21%) up +0.69% after the API late yesterday reported that U.S. crude stockpiles fell by -5.04 million bbl last week.
Article By: Zacks Investment Research
Wednesday, January 18, 2017 9:15 AM EST
Exxon Mobil Corporation recently announced its intention to more than double its Permian Basin resource of 6 billion barrels of oil equivalent. The company aims to achieve this through the buyout of companies owned by the Bass family.
Article By: Marvin R Clark
Wednesday, January 18, 2017 3:00 AM EST
Gene Cernan, a U.S. Navy captain, veteran of three spaceflights, and the last man to walk on the moon, has died. He was 82. In December 1972, Cernan spent 3 days on the moon.