crude oil prices

crude oil prices Articles

Exxon Mobil Corp. (NYSE: XOM) closed 2015 with a share price of $77.97, down from a closing price of $92.45 at the end of 2014. The company’s market cap dropped from around $383.67 billion to...
There are a total of 424 working rigs in the country, according to the Baker Hughes North American Rotary Rig Count.
By one count, some 3 billion barrels of crude oil valued at about $840 billion have gone missing since the end of 2014.
U.S. commercial crude inventories decreased by 900,000 barrels last week, according to the U.S. Energy Information Administration.
In the week ended June 10, the number of rigs drilling for oil in the United States totaled 328, according to the Baker Hughes North American Rotary Rig Count.
The May 31 short interest data have been compared with the previous figures, and short interest for most of the selected oil stocks decreased.
The U.S. commercial crude inventories decreased by more than 3 million barrels last week, according to the U.S. Energy Information Administration.
In its latest update to its Short Term Energy Outlook, the EIA raised its average summer driving season price for a gallon of regular gasoline by 2.7%.
Shares of beleaguered Chesapeake Energy traded up nearly 8% late Monday morning, and the rise in crude oil prices probably will get most of the credit.
Last Friday's rig count report from Baker Hughes showed the first meaningful gain in the number of U.S. onshore rigs since last August.
24/7 Wall St. has identified several standout analyst calls in the energy patch from the week ending June 3, including on Exxon Mobil.
In the week ended June 3, the number of rigs drilling for oil in the United States grew to 325, according to the Baker Hughes North American Rotary Rig Count.
U.S. commercial crude inventories decreased by 1.4 million barrels last week, maintaining a total U.S. commercial crude inventory of 535.7 million barrels.
24/7 Wall St. saw eight energy sector analyst upgrades and positive research calls last week that stood out among the sector calls.
In the week ended May 27, the number of rigs drilling for oil in the United States fell to 316, according to the Baker Hughes North American Rotary Rig Count.