(This is Part 2 of a two-part series on the 10 Dumbest Things on Wall Street in 2010. Click here for the 10 Dumbest Things on Wall Street in 2010, Part 1.)
The integrated oil majors should see some upstream segment improvement despite sequentially flat oil prices, as they put negative one-time factors from the second quarter behind them.
The odds were against Wall Street on Thursday after another decline in crude oil sparked an energy selloff and Apple reported a so-so quarter.
Statoil, Eni, Galp and Total all release third-quarter results this week with the focus likely to be on cost control and dividend coverage.