Energy
Energy Articles
The number of U.S. land-based rigs drilling for oil this week fell by seven while the number of rigs drilling for natural gas rose by four.
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At today's oil prices, U.S. drillers are making a profit of at least $10 a barrel on new wells and even more on existing wells.
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The U.S. natural gas stockpile fell less than expected last week. With one week to go in the winter heating season, the nation's natural gas in storage totals about 1.38 trillion cubic feet, about a...
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With the United States poised to the world leader in oil production as early as this year, more deals for the top Permian Basin companies are highly likely.
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Concho Resources has agreed to acquire RSP Permian in an all-stock deal valued at $9.5 billion. The combined company will have the largest acreage position and be the most active driller in the...
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The U.S. commercial crude oil inventory rose by more than 1 million barrels last week, but stockpiles of gasoline and diesel fuel dropped.
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The March 15 short interest data have been compared with the previous figures, and short interest in most of these selected big oil stocks increased.
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Short interest rose on solar stocks as share prices increases over the reporting period to March 15. Short interest in alt energy stocks was mixed.
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U.S. gasoline pump prices rose by an average of 11 cents a gallon in the past week. Petroleum inventory levels have fallen by about 150 million barrels in the past 12 months.
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According to a recent analyst report by Janney, the National Institute of Health budget that was approved last Friday could be a big boost for some select biopharma stocks.
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In a move to gain more influence on the global oil market, China began trading a crude oil futures contract Monday morning that is traded in yuan, not dollars.
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The U.S. land rig count rose by five this week, according to the latest report from Baker Hughes. Of that total, four new rigs are looking for oil and one is seeking natural gas.
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U.S. natural gas stockpiles fell last week by 86 billion cubic feet, the low end of the consensus expected range. Demand is expected to remain high into next week.
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The congressional budget bill that is on its way to the president includes a provision that nullifies an administration attempt to force tipped workers to pool tips and let the employer redistribute...
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A Wednesday lease sale covering 77 million acres of the U.S. Gulf of Mexico drew few bids and not much cash.
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