NEW YORK (MarketWatch) -- Energy stocks rose with the broad market in early action on Monday, as oil price rose on the approach of Hurricane Ike to the Gulf of Mexico. Oil futures rose $1.84 to $108.07. The Amex Oil Index rose 2% to 1,246. The Amex Natural Gas Index rose 1.5% to 570. ConocoPhillips rose 1.9% to $76.88 after it said it would pay up to $8 billion for a half-share in the coal seam gas assets of Australia's Origin Energy Ltd. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news. ...
Energy stocks closed higher Tuesday as Hurricane Gustav gathered strength in the Caribbean, raising concerns over possible production outages if the storm turns northwest into the oil and gas-rich Gulf of Mexico. ...
The Toronto stock market closed little changed yesterday as energy stocks advanced alongside oil prices, but bank stocks softened following earnings disappointments from two of Canada's big banks....
Energy stocks build on gains, strongly supported by another jump in underlying commodities prices as Gustav slowly approaches offshore oil and gas fields in the Gulf of Mexico. ...
