crude oil prices
crude oil prices Articles
Some international economic watchers may wonder if a financially unstable Saudi Arabia could lead to more unrest in an already volatile Middle East.
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The short interest data have been released for the December 15 settlement date, and short interest for the selected stocks was saw a definite jump.
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In the period ended December 23, the number of rigs drilling for oil in the United States totaled 538, according to the Baker Hughes North American Rotary Rig Count.
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U.S. commercial crude inventories decreased by almost 6 million barrels last week, according to the EIA.
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The U.S. average price for a gallon of regular gasoline on Tuesday was $2, about a penny a gallon more than Monday's average.
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In the period ended December 18, the number of rigs drilling for oil in the United States totaled 541, according to the Baker Hughes North American Rotary Rig Count.
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U.S. commercial crude inventories increased by 4.8 million barrels last week, according to U.S. Energy Information Administration.
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Prospects for a recovery in the energy sector have been getting dimmer in the past several weeks, and Tuesday's announcement from Moody's Investor Services darkens an already bleak picture.
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In the period ended December 11, the number of rigs drilling for oil in the United States totaled 524, according to the Baker Hughes North American Rotary Rig Count.
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The November 30 short interest data have been compared with the previous figures, and short interest for the selected oil stocks was ultimately mixed.
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U.S. commercial crude inventories decreased by more than 3 million barrels last week, according to the U.S. Energy Information Administration.
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The U.S. average price for a gallon of regular gasoline on Monday was just a fraction of a cent higher than the lowest average price for the year to date.
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These are some of this week's top analyst calls in oil, gas and alternative energy, but investors need to keep in mind that the energy patch is no safe haven today.
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In the period ended December 4, the number of rigs drilling for oil in the United States totaled 545, according to the Baker Hughes North American Rotary Rig Count.
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OPEC's strategy of maintaining market share regardless of price continues to cut new exploration and development budgets in the United States and has begun to slow U.S. production.
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