crude oil prices
crude oil prices Articles
The US Energy Information Administration is expected to report Wednesday a drop of 3 million barrels in the nation's crude oil inventory. Combined with weaker dollar, crude prices are up Tuesday, but...
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Production is expected to rise sharply in seven major US shale oil plays, putting even further pressure on crude oil prices. Natural gas production is also expected to see a large month-over-month...
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The Dallas Fed reported last week that while crude oil production is increasing in the Permian Basin, crude prices have fallen below the cost of drilling a new well.
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BJ Services registered an S-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). There were no pricing details mention in the filing, but the...
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The overall U.S. onshore rig count for the week was unchanged at 952. A total of two oil rigs were added and two natural gas rigs were removed during the week.
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Oil remains stuck under $50 per barrel in the summer of 2017. The grand recovery helped the oil giants in 2016, but the oil price recovery seems to have already peaked. With oil still handily under...
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The June 30 short interest data have been compared with the previous figures, and short interest for most of the selected oil stocks decreased.
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The U.S. crude oil stockpile dwindled by more than 7 million barrels last week and gasoline inventories fell by more than a million barrels. But higher export levels and greater demand from...
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The U.S. onshore rig count rose by 12 last week with the addition of seven oil and five gas rigs. There are more than 950 drilling rigs now working in the United States, more than double the total at...
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On a day in which a draw in crude is bolstering oil prices, one key research downgrade is keeping a lid on some of the gains that might have otherwise been seen in oil and gas stocks.
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U.S. crude oil and gasoline inventories dropped more than expected last week and pushed crude oil prices up by more than 2% Thursday morning.
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Crude oil prices have dropped more than 3.5% Wednesday following a report that Russia will neither extend nor deepen the current production cuts of 1.6 million barrels a day.
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All that talk of less inflation and lower oil prices is going to create some problems. The strategists at Bank of America Merrill Lynch have issued some additional weakening trends for oil, inflation...
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Analysts at Goldman Sachs have slashed their average Q3 forecast price for a barrel of crude oil by more than 13% due to higher production and insufficient production cuts by OPEC and its partners.
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The weekly report on U.S. crude oil and refined product inventories was better than expected for producers, lifting prices by around 20 cents a barrel shortly after the report was released.
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