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Market News

Is Marathon Petroleum Stock Underperforming the S&P 500?
BarchartThu Jun 5, 6:28AM CDT
Marathon Petroleum has underperformed the S&P 500 over the past year, but analysts are moderately optimistic about the stock’s prospects.

Crude Prices Retreat on Reports Saudi Arabia Open to Boosting Oil Production
BarchartWed Jun 4, 2:42PM CDT
July WTI crude oil (CLN25 ) Wednesday closed down -0.56 (-0.88%), and July RBOB gasoline (RBN25 ) closed down -0.0448 (-2.16%). Crude oil prices fell from a 2-week high Wednesday and turned lower after weaker-than-expected US economic reports raised concern about energy demand. Losses in crude accelerated today after Bloomberg...

Nat-Gas Prices Slip as US Weather Forecasts Moderate
BarchartWed Jun 4, 2:41PM CDT
July Nymex natural gas (NGN25 ) on Wednesday closed down by -0.006 (-0.16%). July nat-gas prices on Wednesday posted modest losses as temperature forecasts moderated across the central and eastern US, which could curb nat-gas demand from electricity providers to run air-conditioning. Forecaster Atmospheric G2 stated on Wednesday that forecasts...

Crude Prices Tumble on Reports Saudi Arabia Seeks Additional Production Hikes
BarchartWed Jun 4, 11:00AM CDT
July WTI crude oil (CLN25 ) today is down -0.86 (-1.36%), and July RBOB gasoline (RBN25 ) is down -0.0465 (-2.24%). Crude oil prices today fell from a 2-week high and turned lower after weaker-than-expected US economic reports raised concern about energy demand. Losses in crude accelerated today after Bloomberg...

Crude Prices Settle Higher on Energy Demand Optimism and Canadian Wildfires
BarchartTue Jun 3, 2:20PM CDT
July WTI crude oil (CLN25 ) Tuesday closed up +0.89 (+1.42%), and July RBOB gasoline (RBN25 ) closed up +0.0263 (+1.28%). Crude oil and gasoline prices on Tuesday added to Monday's gains, with crude posting a 1-1/2 week high. Signs of strength in the US labor market support economic growth...