crude oil prices
crude oil prices Articles
Break-even production costs in North American oil fields have dropped to an average of around $52 a barrels.
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The U.S. rig count rose by 17 last week with all the new rigs added in the oil patch, according to the Baker Hughes North American Rotary Rig Count.
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US crude oil inventories swelled by more than 6 million barrels last week, but the increase did not stop a price increase as traders see early results for OPEC-led production cuts.
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US crude oil production rises 100,000 barrels a day, but remains about 500,000 barrels below year-ago levels.
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In the oil patch, the daily whims of oil prices actually may be more dominant than an analyst upgrade or downgrade.
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The US land rig count rose by 18 last week, with 15 new rigs now drilling for oil. Futures traders are betting heavily that rising prices for crude will rebalance the market and lift prices even...
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Credit Suisse initiated coverage in Williams Companies and Williams Partners, with price targets above the Thomson Reuters analyst consensus.
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The January 13 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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U.S. commercial crude inventories increased to above the upper limit of the average range for this time of year.
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24/7 Wall St. has taken a look at a few of the major oil companies reporting their earnings this week. The prospect for this industry is promising, but performance as a whole has been somewhat muted...
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Gasoline prices dropped a penny last week, a second straight weekly drop as inventories build and motorists drive less.
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The Dow Jones Industrial Average has barely moved this year, up .33% to 18,927.25, undermining ambitions that it will reach 20,000. Among the Dow stocks, the largest drag on the index, at least in...
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There were a total of 694 working oil and gas drilling rigs in the United States at the end of the week, up by 35 week over week and up by 57 year over year.
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Crude oil inventory rises by about 2 million barrels, pushing prices down by about 2% for February crude. Gasoline stockpiles rose by 6 million barrels even as refiners operated at a lower rate for...
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Crude oil production dropped by 221,000 barrels a day among OPEC producers, according to the cartel's December oil market report.
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