crude oil prices
crude oil prices Articles
The U.S. crude oil inventory fell by 900,000 barrels last week, but gasoline stockpiles dropped by 3.7 million barrels, more than 50% more than analysts had expected. Crude prices rose on the news.
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The March 15 short interest data have been compared with the previous figures, and short interest moves for the selected oil stocks were mixed.
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The U.S. onshore rig count rose by a total of 20 last week, with 21 new rigs drilling for oil. Saudi Arabia believes another six months of production cuts will be needed to rebalance the market but...
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The U.S. commercial crude oil inventory added 5 million barrels last week to an already swelling storage total. Crude prices dropped on the news, but worse news may be yet to come for OPEC and others...
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Analysts at Merrill Lynch are raising the firm's official investor weighting in the energy sector from Market Weight to Overweight, and cutting the consumer discretionary sector from Overweight to...
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The number of rigs drilling for oil rose by 14 last week even as crude prices remained depressed. Hedge funds made a big move back into short positions after several weeks of building up their long...
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Solaris Oilfield Infrastructure has filed with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering.
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ProPetro expects to price 20 million shares in the range of $16 to $19 per share for an initial public offering valued up to $437 million.
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The U.S. Energy Information Administration reported a drop of around half a million barrels in the country's crude oil inventories. Prices showed little change and held on to a gain of about 2%.
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Analysts at Canaccord Genuity took a look at Marathon Oil's recent sale of its oil sands assets and purchase of acreage in the Permian Basin. They mostly liked what they saw.
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The U.S. onshore rig count rose by 12 last week, with seven rigs added to drill for oil and five to drill for natural gas. Hedge funds have begun backing off record long positions as market...
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The February 28 short interest data have been compared with the previous figures, and short interest moves for most of the selected oil stocks were downward.
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The United States added more than 8 million barrels of crude oil to commercial inventories last week, while gasoline and distillate inventories dropped by more than 9 million barrels combined.
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The U.S. Energy Information Administration has increased its estimate of U.S. crude oil production for both this year and next by about 200,000 barrels a day.
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One key analyst has taken a rather bullish perspective on Enterprise Products Partners ahead of its analysts' conference.
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