crude oil prices
crude oil prices Articles
At an analysts meeting in New York Wednesday, Exxon Mobil CEO Rex Tillerson reiterated that the company's capital spending budget for 2016 will be $23 billion.
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The commercial crude inventory stands at historically high levels for this time of year. according to the EIA.
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At the end of December, crude oil commercial stockpiles for the 34-member OECD nations had topped 3 billion barrels.
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At the current time, it is very difficult to find analysts on Wall Street with overly positive ratings in the oil patch. It is even harder to find positive analysts covering Petrobras.
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QEP Resources saw its shares move down handily on Monday following the pricing of its secondary offering.
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The price of a gallon of gasoline has been bouncing higher in some markets recently, but across the United States, the price has remained generally low.
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On CNBC, Warren Buffett confessed that he was also surprised about the Kinder Morgan stake. It turns out that this stake was purchased by either Ted Weschler or Todd Combs, his two new portfolio...
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Some analysts are starting to declare bottoms and are seeing serious value for those oil investors who can look out in 2017 or beyond.
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In the week ended February 19, the number of rigs drilling for oil in the United States totaled 400, according to the Baker Hughes North American Rotary Rig Count.
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News has broken on Thursday that Halliburton is laying off another 5,000 workers. This marks more than 20,000 Halliburton layoffs since the start of the oil drop.
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With oil prices slumping and global markets showing signs of weakness, short interest is now more important than ever to follow.
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U.S. commercial crude inventories increased by 3.5 million barrels last week, according to the U.S. Energy Information Administration.
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Credit Suisse took a look at Columbia Pipeline Partners LP (NYSE: CPPL) and Columbia Pipeline Group, Inc. (NYSE: CPGX) in its most recent report and the outlook is somewhat mixed. With continued...
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Jefferies has issued its oil market report for February. The good news, for oil prices rather than for the frackers and producers who want higher volumes, is that oil production is expected to fall.
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In the week ended February 19, the number of rigs drilling for oil in the United States fell to 413, according to the Baker Hughes North American Rotary Rig Count.
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