Sponsored by Exxon mobil

U.S. stocks declined in early trade on Wednesday despite upbeat private sector employment report from ADP as commodities and natural resources stocks were hurt by strong dollar.

Former Shell Oil CEO John Hofmeister's prediction a fortnight ago that retail gasoline prices would hit $5 per gallon by 2015 has gone viral since then, drawing attention largely on the U.S. drilling policies but also spooking consumers and polarizing analysts in the process.

With a pop in its share price on the first trading day of 2011, Apple Inc. (AAPL) has now surpassed the $300-billion level in terms of market cap.

Barclays Capital initiated coverage of Imperial Oil with an overweight rating and a price target of C$46 per share, saying that the company's oil sands play has been undervalued by investors.

Energy services company AGL Resources Inc. announced an agreement to acquire rival Nicor Inc. for about $2.4 billion in cash and stock, creating a leading natural gas distributor in the U.S.

U.S. stocks rallied in early trade on Wednesday as strong data on private payrolls, and better-than-expected manufacturing reports from China and Europe buoyed sentiment.

US stocks declined in early trade on Monday as the European Union’s 85 billion euro ($113 billion) financial assistance package for Ireland failed to boost investor sentiment.

Oil rose over 2 percent on Monday as stronger U.S. manufacturing data prompted optimism about economic recovery and a weaker dollar helped boost crude demand after oil prices fell to five-week lows on Friday.

Several Democratic lawmakers on Wednesday expressed concern that the merger of Exxon Mobil and XTO Energy would reduce competition in the oil and gas industries and increase the use of a controversial drilling technique that could pollute water supplies.

The Dutch NAM oil joint venture, owned by Royal Dutch Shell and Exxon Mobil, said on Friday it would postpone plans to drill three gas fields near an island off the coast of the Netherlands.

The development of the giant Natuna gas project may be delayed due to uncertainty over terms and conditions, which could affect the selection of partners for the project, two energy ministry sources said on Tuesday.

As the world wrestles with how to cut greenhouse gas emissions, new technologies are gearing up to grab climate-warming carbon right out of the air.

Fresh details of large-scale cyber attacks against data processor Heartland Payment Systems Inc and supermarket chain Hannaford Brothers show the challenges facing the efforts of the U.S. credit-card industry to upgrade security measures.

Fresh details of large-scale cyber attacks against data processor Heartland Payment Systems Inc and supermarket chain Hannaford Brothers show the challenges facing the efforts of the U.S. credit-card industry to upgrade security measures.

U.S. Secretary of State Hillary Clinton pressed Angola on Sunday to do more to fight corruption during a two-day visit to the oil-producing country aimed at bolstering ties between the two nations.

U.S. Secretary of State Hillary Clinton arrived in Angola on Sunday in a bid to bolster opportunities for U.S. business in the major oil producer.

Investors are expected to look past a weak crop of earnings reports from U.S. chemical companies this quarter and focus on whether a potential economic upturn can keep shares on an upswing, analysts said.

Stocks slid on Tuesday, hammered by fears that companies will show they struggled in the first quarter as the recession dragged on as the earnings season kicked off with Alcoa.

Stocks fell on Tuesday, with financial shares giving up some of the previous day's surge as investors assessed government plans to shore up the economy and resource shares fell alongside commodity prices.

Stocks faltered in choppy trade on Wednesday, dragged lower by energy shares including Exxon Mobil , as the price of oil fell on concerns about curbed demand.

U.S. stocks faltered in choppy trade on Wednesday, dragged lower by energy shares including Exxon Mobil , as the price of oil fell on concerns about curbed demand.

Commodity Online NEW YORK: World oil prices surged to $ 106.23 a barrel, up by $ 2.40 or by two percent Friday on a weak US dollar and a record decline in job market.News of a fire at an ...

Commodity Online BAGHDAD: Iraqi officials on Tuesday said oil output operations would be back to normal by today, after the bomb attack cut production and exports by about 100,000 barrels per day.

Venezuela said that the U.S was supporting Exxon Mobil's lawsuit to freeze its state-controlled oil revenue in an effort to destabilize the country.

Stock index futures were higher before Wall Street's opening on Wednesday in the run-up to the Federal Reserve's monetary policy announcement, the highlight of which is expected to be a cut in interest rates.