Chevron Corp
NYSE: CVX
$161.41
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CVX Articles
U.S. crude oil inventories fell by more than 6 million barrels last week while export levels of crude and refined products rose sharply.
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The U.S. Energy Information Administration reported a drop of more than 5 million barrels in the nation's crude oil stockpile. U.S. crude inventories have moved into the middle of the 5-year average...
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The November 30 short interest data have been compared with the previous figures, and short interest for most of the selected big oil stocks decreased.
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U.S. crude oil inventories dropped by 5.6 million barrels last week while gasoline inventories increased by 6.8 million barrels. Exports of both crude oil and refined products were also lower week...
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Shares of these four top companies with big Permian Basin exposure may be better suited to growth portfolios, and they are all solid additions that are offering reasonably good entry points.
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U.S. crude oil inventories fell last week while inventories of gasoline and diesel fuel rose. Exports also dipped last week. Prices did not move much as traders look ahead to tomorrow's OPEC meeting...
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The U.S. crude oil inventory fell by 1.9 million barrels last week, but crude oil exports averaged an increase of more than 460,000 barrels a day.
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It makes sense for investors to add to or initiate positions in the major integrated oil companies that offer long-term stability and consistent dividends. These four are rated Buy at Merrill Lynch...
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The U.S. crude oil inventory rose last week as did gasoline stockpiles. Crude oil production was also up and so were crude oil exports.
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The October 31 short interest data have been compared with the previous figures, and short interest for the selected big oil stocks was mixed.
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U.S. crude oil inventories unexpectedly rose last week but the gain was offset by large decreases in refined products stockpiles. The futures and options markets are massively long on petroleum.
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Jefferies is very positive on these four top energy companies, two of which are in the firm's Franchise Picks portfolio of high conviction stocks to Buy.
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Disney, Chevron, Boeing, and Apple all posted solid gains to lead the DJIA to a new all-time high on Monday.
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The price of oil was solid this past week, and there were several upgrades or big upside price targets in oil and gas and in other energy-related stocks.
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With the price of oil finally appearing to be breaking out, and the possibility for continued production cuts for the OPEC nations a possibility, the energy outlook for 2018 is considerably brighter.
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