crude oil prices

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The U.S. land rig count jumped by 15 this week. The increases to both oil and gas drilling are a result of recent price increases that are finally moving producers to increase spending on drilling.
A barrel of benchmark Brent crude oil traded above $70 in London on Thursday, the first time Brent has reached that level in more than three years. Higher consumer prices are likely to follow.
The December 29 short interest data have been compared with the previous figures, and short interest for most of the selected big oil stocks decreased.
U.S. commercial crude oil inventories dropped by nearly 5 million barrels last week, but gains in both gasoline and distillates nearly offset the drop.
Oil prices hit a three-year high, Toyota and Mazda will build a huge car plant in the United States, one major cryptocurrency has reached record levels, and other important headlines.
Nine Energy Service expects to price its 7 million shares in the range that results in an initial public offering valued up to around $185 million.
Baker Hughes reported Friday afternoon that the U.S. land-based oil rig count dropped by five this week. With crude prices at around $62 a barrel, rig counts could begin climbing again.
The U.S. crude oil stockpile fell again last week, but refineries were running at nearly 97% of capacity and stockpiles of gasoline, diesel, and heating oil soared.
The U.S. land-based oil rig count was unchanged again this week. The natural gas rig count fell by two week over week.
The average price for a barrel of WTI crude oil this year will end up at around $50 a barrel, about $10 a barrel below it's current trading price. What does that indicate for 2018?
The U.S. crude oil inventory fell more than expected last week as did the gasoline stockpiles. But sharply colder weather over the next week is expected to reduce consumption and a North Sea pipeline...
The December 15 short interest data have been compared with the previous figures, and short interest for most of the selected big oil stocks increased.
The Forties North Sea pipeline that has been out of service since December 11 is coming back on line with crude flowing through the system at about half of capacity.
The national average price for a gallon of gas rose a penny last week as a result of unexpected outages at two Midwestern refineries.
The U.S. land rig count increased by one this week to 931 working oil and gas rigs. The oil rig count was unchanged. Crude prices remain on track for a gain of 1% to 2% for the week.