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Wall Street Fundamentals Releases New In-Depth Stock Reports on BP, COP, CVX and MUR

ACCESSWIRE

Expectations of growing inventories pressured oil prices to a one-month low Tuesday. Light, sweet crude for April delivery on the New York Mercantile Exchange closed at $100.03 a barrel Tuesday. The U.S. Energy Information Administration is scheduled to release inventory data at 10:30 a.m. EDT. According to Bloomberg supplies are expected to grow by 2.0 million barrels. Separately, data from the American Petroleum Institute showed crude stockpiles increased by 2.6 million barrels. Here is how some oil & gas stocks reacted Tuesday:

BP plc (NYSE:BP - News) shares traded in the range of $48.11 to $48.65 Tuesday before settling to close at $48.22, a decrease of 0.45 percent. The stock appears to be facing some resistance at the $48.78 and $50.73 levels with some support at $47.92 and $47.04. Shares of BP have fallen approximately 1.0 percent year-to-date.

More information on BP and access to the free equity report can be found at:
www.WallStreetFundamentals.com/BP

ConocoPhillips (NYSE:COP - News) shares traded in the range of $66.28 to $67.39 Tuesday before settling to close at $66.53, a decrease of 0.54 percent. The stock appears to be facing some resistance at the $66.64 and $67.77 levels with some support at $63.46. Shares of ConocoPhillips have fallen approximately 6.0 percent year-to-date.

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More information on ConocoPhillips and access to the free equity report can be found at:
www.WallStreetFundamentals.com/COP

Chevron Corporation (NYSE:CVX - News) shares traded in the range of $114.24 to $116.23 Tuesday before settling to close at $114.51, a decrease of 1.15 percent. The stock appears to be facing some resistance at the $115.14 and $117.57 levels with some support at $109.52. Shares of Chevron have fallen approximately 8.0 percent year-to-date.

More information on Chevron and access to the free equity report can be found at:
www.WallStreetFundamentals.com/CVX

Murphy Oil Corporation (NYSE:MUR - News) shares traded in the range of $59.06 to $60.31 Tuesday before settling to close at $59.33, a decrease of 0.60 percent. The stock appears to be facing some resistance at the $59.69 and $61.16 levels with some support at $54.74. Shares of Murphy Oil have fallen approximately 8.0 percent year-to-date.

More information on Murphy Oil and access to the free equity report can be found at:
www.WallStreetFundamentals.com/MUR

Wall Street Fundamentals offers our members a full range of investor services including in-depth equity reports on your favorite companies and timely market updates featuring the hottest stocks trending in the marketplace.

Activate your always free membership by signing up at www.WallStreetFundamentals.com today.

Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Wall Street Fundamentals has no financial relationship with any company whose stock is mentioned in this release.

Contact:
Wall Street Fundamentals
Website: www.WallStreetFundamentals.com
Email: editor@wallstreetfundamentals.com