Integrated Oil & Gas

Shares of Hess (NYSE: HES) are lower on the session by 0.82%, currently trading at $53.47. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are focusing on puts today. A short while ago the January 2012 $...

Once again, the major stock market indexes have given up the early pre-market gains. The decline in the futures market took place as soon as the U.S. Dollar Index began to trade higher. Traders and investors have seen this inverse relationship between the U.S. Dollar Index and the major stock...

Traders should remember the old market adage, it is not how they open them, it is how they close them. This morning, the major stock indexes started the morning sharply higher, however, that rally began to fade once the opening bell rang at the New York Stock Exchange. Traders are really showing...

Explaining why so many emerging markets ETFs were darlings in 2010 only to fall on hard times this year can be boiled down to one word: Inflation. From Beijing to Bangalore, Sau Paolo to Shanghai, inflation has been an epidemic for at least 75% of the BRIC quartet (and others) to deal with. Worse...

By 10:38 am, the Dow Jones Industrial Average was up 139.33 points, or 1.29%, to 10,956.98, while the broader Standard & Poor's 500 index had gained 12.91 points, or 1.15%. The NASDAQ composite index rose 34.52 points, or 1.47%. Some of the narrow based indexes that are driving the markets...

This is your Benzinga news summary and traders' outlook for Monday, August 22, 2011, covering headlines from overnight and Monday's pre-market session. Today in domestic pre-market trading, U.S equity futures are trading higher. Also, the price of gold hit a new record high, as investors around...

Benchmark has published a research report on Exxon Mobil Corporation (NYSE: XOM) lowering the price target. In the report, Benchmark wrote, "We are raising our full year 2011 and 2012 earnings estimate for ExxonMobil to $8.12 and $6.92 per share, respectively for the two periods, versus $5.98 and...

The Benchmark Company has lowered the price target on Exxon Mobil (NYSE: XOM) from $74 to $64 and maintains its Sell rating.

We could replace Apple (AAPL) with Exxon (XOM) but you get the picture - you can combine the top 32 European banks and they would not be worth as much as either of the 2 companies above.  But they sure cause a lot more trouble. Earlier on Friday the DJ STOXX euro zone banks index fell 4 percent,...

Bank of America has upgraded Suncor Energy (NYSE: SU) from Neutral to Buy.

An enforcement lawyer at the SEC said the agency illegally destroyed thousands of files and documents. The Department of Justice is investigating whether Standard & Poor's improperly rated dozens of mortgage securities. Exxon Mobil Corp. (NYSE: XOM) is fighting with the U.S. government to...

This morning, the U.S. Dollar Index futures (DX U1) are soaring higher by 0.53 cents to $74.29 per contract. As we all know by now, when the U.S. Dollar Index trades higher the major stock indexes will usually come under selling pressure. Selling pressure might be an understatement, the Dow Jones...

On CNBC's Fast Money, Tim Seymour recommended a long position in Petroleo Brasileiro SA (ADR) (NYSE: PBR). Petroleo Brasileiro SA (ADR) (PBR) gained 1.24%, and it closed at $29.37. Guy Adami believes that Forest Laboratories, Inc. (NYSE: FRX) is a buy. Forest Laboratories, Inc. (FRX) fell 2.44%...

B2B Internet HOLDRs (ETF) (NYSE: BHH) led the decliners among the ETFs on Wednesday, with a loss of 10.02%. BHH closed at $0.873, and it had a volume of 159K traded shares. Direxion Daily 30-Year Treasury Bear 3X Shares (NYSE: TMV) lost 5.00%, and it closed at $23.18. TMV closed its third...

After early strong gains, the stock markets started to sell. This was driven by a stronger Dollar in late morning trading and continued fear from Europe. The markets are hovering in a range over the last three trading days. This is known as consolidation and bullish as long as the pattern does not...