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Thursday, August 21, 2008 ( change date )
Crude Oil Prices Climb
Crude oil prices jumped Thursday to more than $117 a barrel on the New York Mercantile Exchange in spite of a large gain in U.S. stockpiles.
rigzone.com Thursday, August 21, 2008Oil Speculators Few, But Huge
Just a few energy speculators control large portions of the oil market, a U.S. regulator said. On June 6, the day oil prices jumped $11 a barrel on the New York Mercantile Exchange.
rigzone.com Thursday, August 21, 2008Mexico's Pemex Looks to Rent 4 Offshore Drilling Platforms
Pemex has launched a tender to lease four offshore platforms for the Gulf of Mexico as the company ramps up drilling activity, the company said Tuesday.
rigzone.com Thursday, August 21, 2008Exxon Mobil,Chevron Top Bidders in GOM Lease Sale
Exxon was the top bidder on the latest Gulf of Mexico Western Lease Sale organized this week by the U.S. Interior Department, underlying the company's interest in becoming a bigger player in the region.
rigzone.com Thursday, August 21, 2008Iraq Oil Minister Sees Possible Oil Oversupply
Oil supplies meet and may slightly exceed current world demand, Iraqi oil minister Hussain al-Shahristani said at a press conference in Warsaw, Poland on Thursday.
rigzone.com Thursday, August 21, 2008Oil Settles Above $121 on Geopolitical Tensions
Crude surged more than 5 U.S. dollars a barrel Thursday on geopolitical tensions in europe and a falling dollar.
rigzone.com Thursday, August 21, 2008Tech Data income, sales up in Q2
Tech Data Corp., a distributor of IT products, saw net income and sales grow despite challenges in its global macro-economic environment. (TECD)
bizjournals.com Thursday, August 21, 2008GameStop raises earnings forecast on strong 2Q profit
Video game and entertainment retailer GameStop Corp. saw its second quarter profit climb 162.1 percent on increases in video game sales and comparable-store sales. (GME)
bizjournals.com Thursday, August 21, 2008Burger King Q4 earnings up
Burger King Holdings posted a higher-than-expected quarterly profit on Thursday. (BKC)
bizjournals.com Thursday, August 21, 2008Triad places 15 companies on Inc. 5000
This year's Inc. 5000, Inc. magazine's list of the 5,000 fastest-growing private companies in the country, includes 15 Triad companies.
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