crude oil prices
crude oil prices Articles
Crude oil prices have jumped by more than 2% Monday following an OPEC announcement on Sunday that the cartel and its partners are satisfied that the market is doing just fine. How long will that last?
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The U.S. land-based oil rig count dropped by one this week and the total rig count dropped by two. Prices moved a little higher following the report from Baker Hughes.
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It has been hard for investors to make some of the same gains in the oil and gas segment since oil prices have recovered handily. That may be about to change, or at least that is the take of Morgan...
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The U.S. stockpile of crude oil dropped by 2.1 million barrels last week and the gasoline inventory fell by 1.7 million barrels. Increased exports of both contributed to both declines.
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The U.S. Energy Information Administration reported Monday that crude oil production is expected to reach nearly 7.6 million barrels a day in seven major onshore shale basins. That's more than 1.5...
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U.S. land-based oil drillers added seven new rigs last week, lifting the total number of rigs drilling for oil to 867. The report sent crude prices down from an intraday high well above $69, but...
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The August 31 short interest data have been compared with the previous figures, and short interest in most of these selected big oil stocks decreased.
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The Fed's Beige Book release for September 12 included a lot of insight around the energy sector. The comments came from multiple regional Fed branches.
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The U.S. Energy Information Administration reported Wednesday morning that U.S. commercial crude oil inventories fell by more than 5 million barrels last week. Product inventories (gasoline and...
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OPEC's monthly oil market report for September shows higher August production from cartel members and includes slight declines in growth estimates for both this year and next.
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The U.S. Energy Information Administration on Tuesday released its Short-term Energy Outlook for September. The agency sees gasoline prices averaging about $2.76 a gallon this year, but rising by...
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The number of U.S. land-based rigs drilling for oil fell by two this week, but the loss was offset by a gain of two new natural gas wells. Crude oil and natural gas prices have taken a beating this...
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Analysts at Merrill Lynch announced downgrades on two large-cap oil companies Thursday morning. The firm also sees one stock as "unmatched by other global oils."
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U.S. crude oil inventories dropped by more than expected last week, but increases to gasoline and distillate inventories outweighed decline. Prices did not move much immediately following the report.
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Toyota recalls more than a million vehicles, emerging market currencies continue to fall, Saudi Arabia aims to keep the price of crude within a narrow range, and other important business headlines.
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