crude oil prices
crude oil prices Articles
As oil prices rise, exporters amass sovereign wealth portfolios to invest the surplus, and word has it that those countries that depend on oil income to support their budgets are starting to...
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In its Monthly Oil Market Report for December, released Monday morning, the Organization of the Petroleum Exporting Countries (OPEC) noted that the cartel’s price for its reference basket fell 17%...
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Crude oil future prices for February delivery, as traded on the NYMEX, dropped to $28.26, down from a 52-week high of $65.50 Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored)...
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Iran sanctions have been lifted which will wash the world with more oil. By some estimates, the country can export 500,000 barrels a day. The increase in global supply begins just as the lowest U.S....
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In the week ended January 15, the number of rigs drilling for oil in the United States totaled 515, according to the Baker Hughes North American Rotary Rig Count.
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U.S. commercial crude inventories increased by 200,000 barrels last week, according to the EIA.
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The short interest data have been released for the December 31 settlement date. Short interest for the selected oil stocks was mixed.
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At its low for the day Tuesday, WTI crude oil for February delivery traded at $29.93 before settling at $30.25. That’s the first time WTI crude has traded below $30 a barrel since 2003. Through the...
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In the latest revision of its Short-Term Energy Report, the U.S. Energy Information Administration said the total U.S. crude production fell to an average of 9.4 million barrels a day in 2015.
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As of January 8, the number of rigs drilling for oil in the United States totaled 516, according to the Baker Hughes North American Rotary Rig Count.
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U.S. commercial crude inventories decreased by more than 5 million barrels last week, according to the U.S. Energy Information Administration.
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In the period ended December 31, the number of rigs drilling for oil in the United States totaled 536, according to the Baker Hughes North American Rotary Rig Count.
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WPX Energy announced that it signed an agreement to sell its San Juan Basin gathering system for consideration of approximately $309 million.
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Lucas Energy announced that is has signed a purchase agreement to acquire, from 21 different entities and individuals, working interests in producing properties and undeveloped acreage.
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ConocoPhillips and NuStar Energy announced on Wednesday that they are loading what they believe to be the first export shipment of U.S. crude in 40 years.
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