crude oil prices
crude oil prices Articles
Steel pipe producer IPSCO Tubulars intends to sell more than 23 million shares priced to result in an initial public offering valued up to about $615 million.
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Quintana Energy Services intends to price more than 9 million shares for an initial public offering valued up to more than $159 million.
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Drilling equipment maker Cactus intends to price more than 21 million shares so that its initial public offering is valued up to more than $468 million.
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The U.S. onshore oil rig count jumped by 12 this week, following a drop of 10 last week and a gain of 10 the week before. Crude prices rose to around $66.18 following the report from Baker Hughes.
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The January 12 short interest data have been compared with the previous figures, and short interest in these selected big oil stocks increased.
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Even though U.S. crude oil declined by a smaller-than-expected amount, prices rose to more than $65 a barrel for WTI.
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Fracking services provider FTS International expects to price its more than 15 million shares so that its initial public offering is valued up to more than $313 million.
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If the price of gas and other oil-based products soar and stay that way for any long period, the global economy would be crippled.
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The number of U.S. land-based rigs drilling for oil fell by 5 during the week, giving back half the rigs added in the prior week.
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Diversified oilfield services provider Quintana Energy Services has amended its filing with the SEC regarding its initial public offering.
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The U.S. crude oil inventory dipped by nearly 7 million barrels last week, but gasoline inventories, crude oil production and both crude oil and refined product exports rose sharply.
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OPEC has raised its estimates of global oil demand for both 2017 and 2018. U.S. production in 2018 is forecast to rise by 1.15 million barrels a day.
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"Jumanji: Welcome to the Jungle" topped the box office last weekend, bitcoin's priced collapsed, oil prices have surged to multiyear highs, and other important headlines.
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As crude oil production cuts from members of OPEC and its allies slowly drain global stockpiles, the price of benchmark Brent crude has risen to around $70 a barrel. At that level, more drilling...
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24/7 Wall St. has tracked 15 major energy analyst calls in the major oil and gas stocks made so far in 2018 that should be given a second look.
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