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Brent Crude hit its highest mark since October as OPEC delegates claimed progress at informal talks and analysts said the case for a production cut had strengthened.
The Spanish oil producer's results benefited from increased production and deeper than expected cost cutting but failed to move its shares.
Forget about the weak S&P performance, the latest rate hike decision and the presidential election for a moment -- some big stocks are actually breaking out this week.
Shell (RDS.B) posted an earnings surprise for the 2016 third quarter before Tuesday's opening bell.