Tag: oil prices

BP (BP) stock has risen by about 1.7% in the fourth quarter. Though that rise is marginal, the stock has still outperformed most peers, which have fallen.

On Monday, WTI crude oil prices fell 1.2% and closed at $57.02 per barrel. On a month-to-date basis, WTI crude oil active futures have risen 5.3%.

The Dow Jones Industrial Average (DJIA) (DIA) seems to be touching new highs despite pessimism related to progress in trade talks.

Royal Dutch Shell has risen 1.2% in the current quarter driven by surging equity markets, soaring crude oil prices, and increasing natural gas prices.

Last week, US crude oil prices rose 0.8% and settled at $57.72 per barrel, marking the second consecutive weekly gain for WTI crude oil active futures.

BP stock has been rising in the current quarter. The rise in the stock price is in line with increased crude oil prices and equity markets in the quarter.

ExxonMobil (XOM) stock has risen 2.4% this month, and Chevron stock is up 3.9%. Let's see which company looks more well-positioned than the other.

The EIA released its inventory report at 10:30 AM ET. WTI crude oil prices rose around 0.4% at 11:31 AM ET from their last closing level.

Chevron (CVX) stock has been rising since the company's third-quarter earnings release on November 1. Month-to-date, CVX stock has increased by 5.3%.

At 11:46 AM ET, US crude oil prices were up 0.7% from the last trading session. The EIA plans to release its inventory report tomorrow.