(Reuters) - Integrated oil companies that both produce and refine oil
and gas were expected to have yet another in a series of
stellar quarters as soaring refining margins picked up the
slack for a year over year drop in oil prices.
Since the beginning of the year, Exxon's shares are up
about 21 percent, just underperforming the Chicago Board
Options Exchange's oil index , which rose nearly 22
percent in the same period.
Read more at Reuters.com Market News
and gas were expected to have yet another in a series of
stellar quarters as soaring refining margins picked up the
slack for a year over year drop in oil prices.
Since the beginning of the year, Exxon's shares are up
about 21 percent, just underperforming the Chicago Board
Options Exchange's oil index , which rose nearly 22
percent in the same period.
Read more at Reuters.com Market News
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