Dow Jones U.S. Oil & Gas Index: 461.65 Thursday regular session close
NYMEX Benchmark Crude: -0.54 (-0.54%) to 77.09
Top Energy Stocks
Energy issues are mostly lower before the bell, as oil prices fell following the release of the latest U.S. GDP data that was slightly weaker than expected. Bloomberg reported that BP plc ( BP ) declined an offer by China Petroleum & Chemical Corp. ( SNP ) to buy some of its assets, according to the Chinese refinery group better known as Sinopec. French oil giant Total SA ( TOT ) posted a 72% increase in second quarter profit as earnings reached 2.96 billion euros from 1.68 billion euros a year ago. The company's production rose 8% to reach 2.359 million barrels of oil equivalent a day, boosted by the start of a second train at its Yemen LNG project as well as improved security in Nigeria.
Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.