Marathon Oil Corporation (NYSE: MRO) today is providing information on market factors and operating conditions that occurred during the fourth quarter of 2009 that could impact the Company’s quarterly financial results. The market indicators and Company estimates noted below and in the attached schedule may differ significantly from actual results. The Company will report fourth [...]

LONDON: Crude oil prices rose more than 2% to a seven-month high on Monday, extending its biggest monthly gain in a decade due to rallying stock
markets and sustained expectations for a global economic recovery.
US stocks rose, following gains in Europe and Asia driven by data showing China’s manufacturing continued to expand moderately in May. [...]

SINGAPORE: Oil prices rose in Asian trade to near seven-month highs, fuelled by a rise in regional equities markets and a weakening US dollar,
dealers said.
New York’s main futures contract, light sweet crude for July delivery, rose 56 cents to $66.87 a barrel.
Brent North Sea crude for delivery in July advanced 54 cents to $66.06.
“Oil [...]

LONDON (Reuters) – Oil rose more than 2 percent to a seven-month high on Monday, extending its biggest monthly gain in a decade due to rallying stock markets and sustained expectations for a global economic recovery.
European stocks were firmer following gains in Asia after data showed China’s manufacturing continued to expand moderately in May. The [...]

Crude futures touch a 7-month high - before retreating slightly - as stock markets soar and the dollar weakens.
NEW YORK (CNNMoney.com) — Oil prices touched 7-month highs Monday as global stock markets surged and the U.S. dollar weakened.
Crude futures were up $1.46 at $67.77 a barrel but had reached as high as $68.29 in [...]

By Edward McAllister
NEW YORK (Reuters) - Oil rose to a six-month high above $66 per barrel on Friday, marking its largest monthly percentage gain in more than a decade, after U.S., Japanese and Indian data suggested the economic downturn may be easing.
Oil prices jumped around 30 percent this month, the largest monthly rise since March [...]

ASSOCIATED PRESS
Oil and gasoline prices continued a recession-defying march higher yesterday, doubling in the past six months largely on optimism that the economy is strengthening.
The predictions for just how high oil can reach this year, as in 2008, continue to creep upward just five months removed from crude priced about $32 per barrel.
Benchmark crude [...]

By Russell Gold
Oil prices are on the march, again, surprising many observers by reaching $66 a barrel in the midst of a global downturn.
Next stop? Respected oil-market analyst Paul Horsnell of Barclays says $75. “When the market as a whole starts to believe that $75 is pretty much inevitable, then it might as well go [...]

By Edward McAllister Edward Mcallister – Fri May 29, 3:44 pm ET
NEW YORK (Reuters) – Oil rose to a six-month high above $66 per barrel on Friday, marking its largest monthly percentage gain in more than a decade, after U.S., Japanese and Indian data suggested the economic downturn may be easing.
Oil prices jumped [...]

Year-over-year costs expected to be lower
Along with the cold weather, the days of dirt-cheap gas are long gone.
After a winter of unleaded gas below $2 a gallon, prices have been heading north all spring long.
Michael Naokes of Westbrookville said he’s aware that “gas prices have gone up,” as he filled up his motorcycle Monday afternoon [...]