crude oil prices
crude oil prices Articles
The U.S. Energy Information Administration on Tuesday released the latest update to its Short Term Energy Outlook.
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What is amazing is that some of these offshore drilling and exploration stocks have kept rallying even in the face of what might be an overbought chart pattern.
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Given the encouragement rising oil prices have on U.S. producers and the historical difficulty OPEC has had enforcing quotas, and there is sufficient reason to rein in the current enthusiasm for...
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Many key brokerage firms made upgrades to the oil patch stocks after OPEC's production cuts were announced. Others hiked price targets, even if their ratings were kept the same.
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In the week ended December 2, the number of rigs drilling for oil in the United States rose to 477, according to the latest Baker Hughes North American Rotary Rig Count.
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The post-election rally has been massive, and the commodities miners and the companies that will supply into infrastructure have seen their shares rally. That may be more muted for companies outside...
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WildHorse Resource Development expects to price more than 27 million shares in the range of $19 to $21 apiece in an initial public offering valued up to around $664 million.
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Many top oil stocks have risen handily. Where the moves look really crazy is in the more speculative second-tier stocks, which are either not as strong in the balance sheet or are still down...
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U.S. commercial crude inventories decreased by 900,000 barrels last week, according to the latest U.S. Energy Information Administration petroleum status report.
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The latest Commodity Futures Trading Commission weekly Commitments of Traders report indicates that hedge funds were paring their short positions in the futures market for WTI crude oil.
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The price for crude Monday morning is about $46 a barrel, and where it goes from there depends on the outcome of a meeting of OPEC oil ministers scheduled for Wednesday in Vienna.
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The November 15 short interest data have been compared with the previous figures, and short interest for the selected oil stocks was ultimately mixed, although there were substantial moves.
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In the week ended November 23, the number of rigs drilling for oil in the United States totaled 474, up by 3 compared with the prior week and a total of 555 a year ago. Including 118 other rigs...
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The OPEC meeting on November 30 could result in a cut of nearly 2% to the world’s daily output if Saudi Arabia gets its way. The Saudis are pushing a cut to daily production to a ceiling of 32.5...
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The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 1.3 million barrels last week,...
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