Oil Prices Boost Profit at ConocoPhillips
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Oil prices at record highs sent quarterly profits up at ConocoPhillips  and two other top U.S. producers on Wednesday.
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High oil and gas prices and bigger profit margins in refining helped the British energy giant BP PLC nearly double its third-quarter earnings.
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Stocks rose on Monday on growing optimism about second-quarter earnings and plans by Johnson & Johnson  and ConocoPhillips  to buy back their own shares.
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The oil field services company said its emphasis on Middle Eastern markets contributed to a nearly 5 percent jump in fourth-quarter profit.
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BP Plc, the world's second largest oil  company, reported bumper third-quarter profits on Tuesday on  the back of high oil prices and stronger than expected refining  and chemicals margins.
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LONDON  - World oil prices climbed on Monday as companies operating in the U.S. Gulf of Mexico braced for output disruptions from powerful Hurricane Ivan.
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ConocoPhillips , the No. 3 U.S.  oil company, on Wednesday reported a 65 percent surge in  quarterly profit, boosted by sharply higher crude oil prices  and the recent acquisition of Burlington Resources.
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Royal Dutch Shell Plc posted a 2.6 percent rise in underlying quarterly profits on Thursday, beating analysts' forecasts, thanks to higher production and strong oil prices.
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Royal Dutch Shell Plc  posted a 2.6 percent rise in underlying quarterly profits on Thursday, beating analysts' forecasts, thanks to higher production and strong oil prices.
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The Gulf find could jack up profits for oil rig equipment manufacturers.
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BP PLC reported a 53 percent rise in fourth-quarter net profit Tuesday as oil prices surged, but full-year profits fell due to refining outages and rising costs.
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No. 3 US oil company ConocoPhillips (COP.N: Quote, Profile, Research) on Wednesday forecast higher capital spending in coming years and reaffirmed its production targets, banking on rising output in the Asia-Pacific region.
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The No. 2 U.S. oil company reported a rise in quarterly profit pumped up by record oil and gas prices and gains on asset sales.
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Europeâs largest oil company reported Thursday that fourth-quarter profit rose 60 percent because of the sale of some assets and higher oil prices.
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Exxon Mobil Corp. XOM.N, the world's  largest publicly traded oil company, on Thursday reported a 56  percent rise in quarterly profit, driven by soaring oil and gas  prices in the quarter.
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HOUSTON  Â Record oil prices helped ConocoPhillips post a 37 percent increase in fourth-quarter profit even though it produced less crude oil and natural gas than a year earlier.
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Amerada Hess Corp. AHC.N on  Wednesday reported higher quarterly profit, spurred by record  oil and gas prices.