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Baytown Sun in Baytown, Texas

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

Baytown Sun

Location

Baytown, Texas, United States of America

Date

May 25, 2004

Page

5

Stocks End Mixed On Oil Price Worries

Wall Street closed mixed as oil price gains pressured the market. The Dow fell 8.31 to 109,958.43 while the S&P 500 rose 1.85 to 1,095.41 and the Nasdaq gained 10.89 to 1,922.98. Altria dropped nearly 9 percent after a DOJ ruling linked to tobacco profits. Saudi pledge to boost output briefly spurred buys.

New York Wall Street Saudi Arabia Gulf Kingdom United States Federal Reserve Altra Group Department of Justice Philip Mortis USA Altria Standard & Poors Pace Nyse Avex Naspaa NeighSor Advis Usaswys Welica ParkDri IvaxDiag Comforce Uron Dimon NawiGona Ezcorp Gena Bas FEMSA Dj Ortho Telinstéin NaturiAit Jlravelzoan Ioterphra Escalon Beyn FlexSol Srinc Wish jSemintr SunMicra Loisvelt Brie jApkiMat ExxonMot BemaGold Yanea Norte Sirius Conexant Dany L Diaay Darcy Dow.Jones Dow Jones Neme Dow Industrials Dow Transportation NYSE Russell Wilshire Tata! Relumni Syear Ammencan Sunds Jameticgids AG Bonom Dis. Ie

Exxon Mobil to sell stakes to Apache for 285 million

Exxon Mobil will transfer stakes in 28 mature oil and gas fields in West Texas and New Mexico to Apache for 285 million, while keeping a revenue stake. The deal covers undeveloped Alberta lands, with Apache planning over 250 wells in two years. A separate five year joint exploration pact covers deep gas on 800000 acres in Louisiana and Gulf of Mexico. Apache operates in North America and abroad. Exxon Mobil is Irving, Texas based.

Houston Apache Com Exxon Mobil Corp Texas New Mexico Exxon Mobil West Texas Apache Alberta Louisiana Gulf of Mexico North America Egypt Australia Britain China Argentina Irving

SBC workers end four day strike heads home

SAN ANTONIO After four days on strike Monica Lailson returns to SBC Communications Inc and says she will resume marching if no contract is reached. The CWA rally outside SBC headquarters underscored unity as about 100000 SBC workers press for new terms and for revisions to positions in emerging tech.

San Antonio Monica Lailson SBC Communications Inc SBC Communications Workers of America CWA India Philippines The Associated Press

Man injured at Garth Road pharmacy and felon nabbed on gun charges

Police say a man injured himself at a pharmacy on Garth Road and was treated at a hospital after being listed as a missing person. A local felon was arrested near midnight on Garth Road for allegedly possessing two firearms, with a shotgun found in his vehicle and a pistol in his shoe. Baytown police logged 133 calls from Sunday to Monday, including alarms and disturbances, with one assault and several thefts and accidents. Crime Stoppers offers cash tips at 281-472-TIPS.

Garth Road Baytown Police Baytown.org

Oil price hits new high as markets shrug at Saudi plan

Oil settles at 41.72 a barrel amid OPEC split as Saudi pledges extra output but others resist. Gasoline averages rise to 2.064 a gallon, a record, with June driving season near. Analysts note tight refining, strong Chinese demand, and terror fears fueling prices.

Washington Saudi Arabia OPEC Energy Department New York Mercantile Exchange United States China Lawrence Goldstein The Petroleum Industry Research Foundation

Also Mentioned on This Page

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