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The U.S. Energy Information Administration (EIA) weekly petroleum status report showed that U.S. commercial crude inventories increased by 4.7 million barrels last week.
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thinkstockSeptember 1 2015: Markets opened lower on Tuesday after a second consecutive low opening. Index futures were down on disappointing manufacturing data from China. After the opening bell U.S....
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Buffett and his managers have decided to take on a very large stake in shares of Phillips 66, worth roughly $4.5 billion.
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According to Facebook founder Mark Zuckerberg, one billion people connected on Facebook in a day. But does a more connected world accomplish any important goal?
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The U.S. Energy Information Administration reported Thursday morning that U.S. natural gas stocks increased more than expected for the week ending August 21.
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thinkstockAugust 26, 2015: Markets opened higher again on Wednesday and climbed to intra-day highs with about 1 hour left in the day’s trading session. That’s when everything went sour on...
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U.S. commercial crude inventories decreased by 5.5 million barrels last week, maintaining a total U.S. commercial crude inventory of 450.8 million barrels.
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The short interest data have been released for the August 14 settlement date. It just so happens that some of the latest short interest readings for major oil companies are backing off highs.
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thinkstockAugust 24, 2015: Markets opened lower by nearly 1,100 points on Monday after a rotten night in Shanghai and a equally rotten morning in Europe. Only 22 stocks on the NYSE traded in the...
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The markets were absolutely crumbling in Monday’s trading session, with the Dow down near 1,000 points and the S&P down around 90 points.
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After a price recovery that took crude oil prices to over $60 in June from $46 at the start of the year, the price has collapsed again.
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ThinkstockIn mid-August of 2008, the national average next-day price for natural gas was $7.52 per million BTUs. A year later the price had fallen to $3.12 per million BTUs, and on August 18, 2015,...
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ThinkstockAugust 20, 2015: Here are four stocks trading with heavy volume among the 350 equities making new 52-week lows today. Twitter Inc. (NYSE: TWTR) dropped about 6.1% on Thursday to set a new...
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EIA reported Thursday morning that U.S. natural gas stocks increased by less than expected for the week ending August 14.
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thinkstockAugust 19, 2015: Markets opened lower on Wednesday following a down and then up session in Asia and a report that the U.S. July consumer price index rose just 0.1% on both the headline and...
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