Energy
Energy Articles
Pump prices have topped $3 a gallon in nine states as of Wednesday morning. That is likely to be only the beginning of a summer driving season punctuated with more price hikes.
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U.S. gasoline prices will reach nearly $3 a gallon in June and average $2.90 a gallon for the whole year according to the latest Energy Information Administration Short-Term Energy Outlook.
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These four top stocks all have solid upside potential to the Merrill Lynch price targets and have yet to catch up with the commiserate price move in oil.
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Gasoline pump prices dipped a little last week but the threat of a renewal of U.S. sanctions on Iran could send prices sharply higher quickly.
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Here cover the new addition to the Jefferies Franchise Picks list, and we also screened the list for the other energy companies that make the grade.
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Oil above $70 affects the price of gas, oil and petrochemical products, making a rapid rise a challenge to an American economy, which is growing less than 2.5%.
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The number of U.S. land-based oil rigs rose by nine this week as six new rigs were added in the Permian Basin. Crude oil prices remained higher.
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Retail gasoline prices now exceed $2.50 a gallon for regular gas in all 50 states. Californians are paying almost $3.62 a gallon while Oklahomans are paying $2.50.
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In a new report on offshore energy production out to 2040, the International Energy Agency estimates capital spending needs to range between $4.6 and $5.9 trillion.
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The U.S. supply of natural gas in storage rose by 62 billion cubic feet last week and warmer -- but not hot -- weather is likely to depress demand in the coming week.
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While many analysts see a Permian Basin production decline coming, if a recent well that hit the jackpot is any indication, that pronouncement may be premature.
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U.S. crude oil stockpiles rose by more than 6 million barrels last week and gasoline stocks rose by more than 1 million likely due to lower export levels of both crude and refined products.
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These three exploration and production stocks are not overcrowded and offer good value for investors looking to add energy.
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Chesapeake Energy beat analysts' first-quarter profit estimate but came up short on revenues. The company also paid off a chunk of its still-massive debt and lifted its guidance for full-year...
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Oil supermajor BP reported better-than-expected revenues and profits for the first quarter of the year. The outlook for the second quarter was somewhat restrained however.
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