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Actionable news in MRO: MARATHON OIL CORPORATION,

Marathon Oil (MRO) Stock Gains on Higher Oil Prices

NEW YORK (TheStreet) -- Shares of Marathon Oil (MRO) were advancing 6.11% to $16.66 early Thursday afternoon as oil prices jumped to six-week highs.

Oil prices were climbing Thursday on speculation of an upcoming output freeze.

OPEC members are scheduled to meet at the end of September during the International Energy Forum in Algeria. The countries are expected to renew talks of slowing output levels.

In July, OPEC-member Iraq produced at an eight-year record high for the month.

However, OPEC countries have been hurt by a collapse in...


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