NEW YORK (MarketWatch) -- Oil prices lapsed Friday before a report expected to show U.S. economic growth slowed in the second quarter and after data earlier in the week showing an increase in U.S. supply. The crude contract for September delivery fell 53 cents to $77.83 a barrel in electronic trade on the New York Mercantile Exchange. 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. ...
NEW YORK (MarketWatch) -- Hess Corp. said Wednesday its second-quarter net income nearly quadrupled to $375 million, or $1.15 a share, from $100 million, or 31 cents a share, in the year-ago period, as the company benefitted from higher crude oil pr...
Italian oil giant Eni said Wednesday that its second-quarter net profit more than doubled as higher oil prices and the strong dollar boosted earnings at its exploration and production arm. ...
The Toronto stock market was solidly in the red Wednesday afternoon after more worrisome economic data out of the U.S. and growing crude inventories put downward pressure on oil prices....
