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Stock impact report

Oil edges up after Israel strikes Gaza, while truce talks continue [Yahoo! Finance Canada]

Marathon Oil Corporation (MRO) 
Last marathon oil corporation earnings: 2/12 04:30 pm Check Earnings Report
US:NYSE Investor Relations: marathonoil.com/investors
FILE PHOTO: A Marathon Oil well site is seen in the Eagle Ford Shale oil field in south Texas BEIJING (Reuters) - Oil prices ticked up early on Tuesday after Israel struck Rafah in Gaza while negotiations for a ceasefire with Hamas continued without resolution. Brent crude futures were up 46 cents, or 0.55%, at $83.79 per barrel at 0010 GMT, while U.S. West Texas Intermediate (WTI) crude futures rose 46 cents, or 0.59%, to $78.94 a barrel. Prices had edged upward on Monday, partially reversing the declines of last week in which both contracts posted their steepest weekly loss in three months, with the focus on weak U.S. jobs data and the possible timing of a Federal Reserve interest rate cut. Palestinian militant group Hamas on Monday agreed to a Gaza ceasefire proposal from mediators, but Israel said the terms did not meet its demands and pressed ahead with strikes in Rafah while planning to continue negotiations on a deal. ADVERTISEMENT Israeli forces struck Rafah on Ga Show less Read more
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