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.
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.
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.
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.
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.
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%.
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.
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.
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.
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.
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.
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.
These three exploration and production stocks are not overcrowded and offer good value for investors looking to add energy.
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...
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.