Crude oil continues to bubble up, and the major integrated oil companies are the benefactors.
Crude oil futures for July delivery were up 62 cents to $65.70 in Friday afternoon trading on the New York Mercantile Exchange. Crude prices have been whipsawing for more than a year, hitting a record $147 a barrel last July and then falling to $32.40 on Dec. 19. The Amex Oil Index was up 1.5% to 983.90. Sunoco(SUN Quote) was up 4.1% to $30.42. BP(BP Quote) was up 1.1% to $49.35. Royal Dutch Shell(RDS.B Quote) was 0.9% to $54.31. Exxon Mobil(XOM Quote) was up 0.4% to $69.51. Chevron(CVX Quote) was higher 0.7% to $66.25. ConocoPhillips(COP Quote) was up 0.7% to $45.94.- Loading Comments...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,226.94 | 1,093.07 | 2,154.06 | 34.86 |
Oil *
77.65
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UP
203.52
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UP
23.77
|
UP
41.62
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DOWN
0.17
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10 Yr
3.49%
SPDR Gold
108.19
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|
+2.03%
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+2.22%
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+1.97%
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-0.49%
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