Oil prices hit fresh four-year lows in wake of Opec meeting

Oil prices hit a four-and-a half-year low in the wake of the decision by the Opec producers' cartel not to cut output.

Cabot Oil & Gas leads energy stocks higher

SAN FRANCISCO (MarketWatch) — Energy stocks rose on Thursday, with Cabot Oil & Gas Corp. taking the lead after the exploration and production company said it sees production growth of up to 50% next year.