MARATHON OIL
Wall Street ends lower amid rate concerns, higher bond yields
Stocks declined following the Beige Book release, showing U.S. economic expansion and reduced rate cut expectations, per CME FedWatch Tool.
US explorer ConocoPhillips to buy Marathon Oil in $17 billion deal
The move expands ConocoPhillips' footprint in domestic shale fields from Texas to North Dakota and hands the company reserves as far afield as Equatorial Guinea. It adds to a wave of recent megadeals as producers seek new drilling sites on a bet that oil and gas demand will remain robust for years to come.
IOC, LPG carriers reach truce, supplies resume in North East
Indian Oil Corporation's LPG cylinder transporters have withheld their agitation for a month after the company agreed to several of their demands, officials said on Monday. Members of the North East Packed LPG Transporter Association (NEPLTA) had on December 4 stopped plying their trucks, alleging pending dues and low rates in recently floated tenders, thereby affecting supply of LPG in several states of the region.
Triple Century! 336 smallcap stocks clock double-digit returns in Nov; scale 52-week highs
The easing of US bond yields and crude oil prices contributed to the recovery in the market last month. Bond yields eased following encouraging inflation data in the US, which strengthened the view that the interest rate hike cycle is closer to the peak.
Dr Devi Prasad Shetty’s tips for a healthy heart: Carbohydrate is the next villain, not oil
Dr Devi Prasad Shetty, Chairman & MD of Narayana Health, advises restricting carbohydrate intake and becoming spiritual for a positive impact on health. He emphasizes the importance of preventive check-ups, especially for those engaging in extreme sports. Shetty suggests wearing a smartwatch and walking 8,000 to 10,000 steps per day. He also warns against prolonged sitting and recommends practicing good posture, yoga, and quitting smoking. Additionally, he suggests monitoring weight in pounds, reducing carbohydrate consumption, and focusing on protein and vegetables. Regular health check-ups, including blood tests and heart evaluations, are recommended for individuals over 40.
Nifty 50 @20k in just 7 sessions! Are bulls ready for the next marathon on D-Street?
After shedding 2.5% in August, the 50-stock index has gained about 4% in just seven trading sessions in September and hit a lifetime high of 20,008.15 points on Monday.
- Go To Page 1
Oil steadies as supply concerns counter macroeconomic jitters
It is likely to cause power outages and could hit crude production. U.S. oil producer Chevron evacuated staff from three U.S. Gulf of Mexico oil production platforms ahead of the hurricane.
Marathon Petroleum refinery in Louisiana's Garyville reports chemical storage plant leak, fire, evacuation underway
Marathon Petroleum refinery in Garyville town of Louisiana claims to have contained a fire and leak in the chemical storage tank of its refinery.
24 Indian crew on oil tanker seized by Iran: Operator
The Marshall Islands-flagged Advantage Sweet was being taken by Iran's navy to an unnamed port because of an "international dispute", the operator said in a statement. "Advantage Sweet is currently being escorted by the Iranian Navy to a port on the basis of an international dispute," Advantage Tankers said in the statement sent to AFP.
Crayons Advertising files DRHP with NSE Emerge for IPO
Recently, the company announced that it won marquee mandates, including Tata Sons, National Skill Development Corporation, Indian Oil, TATA Croma, and Bank of Baroda. The mandate of the National Skill Development Corporation is to transform the brand notion and strengthen the connection with youth.
Atul Suri on how to volatility-proof portfolio & trends for new financial year
“We have a big overweight position in specialty chemicals; we continue to hold it. We have increased our exposure to IT and a new sector, theme or trend that we have added in this fall is capital markets. And that is how we are planning to navigate the year ahead.”
Petrol, diesel price increase on wait-and-watch mode; CNG rates hiked
Following the firming up of international gas rates, IGL has been raising CNG rates by up to 50 paise (Rs 0.50) per kg periodically. Prices have gone up by about Rs 4 per kg this year alone.
A stock trader’s guide to a world where oil costs $100 or more
Firms already struggling to maintain margins in the face of surging costs saw everything from natural gas to food and aluminum soaring.
Old warhorse beats Tesla and meme stocks on Wall Street
The cyberattack on Colonial Pipeline Co.’s fuel distribution line along the U.S. Eastern Seaboard didn’t do much damage to refining stocks, as a prolonged shutdown was avoided.
Six reasons Asia's oil refiners aren't going away anytime soon
The speedy adoption of technologies such as electric vehicles is causing the biggest shock to the oil industry in half a century and navigating a way through the changes that have already begun won’t be easy. There are likely to be far fewer oil refineries in the second half of the century and the ones that survive will need to adapt rapidly.
Bulls’ marathon run takes Sensex beyond 52k mark
The BSE Sensex rose 609.83 points, or 1.18 per cent , to close at 52,154.13 after touching a record high of 52,235.97. The NSE Nifty gained 151.40 points, or 1 per cent , to end at 15,314.70. The index had hit an all-time high of 15,340.15 earlier during the day.
Oil extends losses as rising virus cases spur demand worries
Brent crude for November delivery dropped 57 cents, or 1.4%, to $40.46 per barrel by 1005 GMT. West Texas Intermediate fell 14 cents, or 0.4%, to $39.15.
Oil drops 2nd day as surging coronavirus cases prompt demand worries
"It is important to keep in mind that moves to the downside have the potential to be supersized," given rising coronavirus cases and increasing oil supplies around the world, said Bob Yawger, director of energy futures at Mizuho in New York.
Decade-long rally in banks over, IT & pharma to rule: Atul Suri
IT and pharma stand out as massive trend reversals and it is an opportunity to buy at around 10,800 on Nifty.
Crude oil or cooking oil? For some US refiners, it's now a choice
Renewable diesel fuel burns cleaner than conventional diesel and can run without blending. Refiners can produce it by converting gasoline-making units to hydrotreaters that can process soybean oil or used cooking grease.
Coronavirus spurs new clash between Big Oil and Big Corn over US biofuels
The oil refining industry and its backers have asked the Trump administration to help the industry weather the pandemic by reducing a regulatory requirement that they blend billions of gallons of corn-based ethanol into their gasoline each year.
PM takes stock of RCEP trade pact amid concerns
India is likely to remain in the pact but with some safeguards and caveats in order to protect its interests.
Oil leaps to 6-month high as US vows to strangle Iran exports
Futures rose as much as 3.5 per cent Monday in London to top $74 a barrel.
Why Atul Suri swears by longer-term compounders
Just because consumers have moved for 5 years doesn't mean they can't go on for 10-20 years, says Suri
In a volatile year, these three themes could hold sway: Atul Suri, Marathon Trends
Crude will head towards $90 in the medium term, says Suri.
Small steps: How Vaishali Kasture, Jairam Sridharan & other top bosses train for a marathon
Leading business names dish out their dietary habits before the big day.
Market Now: Over 80 stocks hit fresh 52-week highs despite weak trade on D-Street
Overall, 19 shares were trading in green in Nifty50 index, while 31 were trading in red in the morning trade.
D-Street watch: REI Agro, Cummins surge over 5% in trade
The Nifty 50 index was trading 3.70 points up at 9317.50.
Nifty watch: Indiabulls Ventures, Den Networks among stocks that hit fresh 52-week high
Overall, 43 shares were trading in the green in the Nifty index, while 7 were in the red.
Load More
