crude oil prices
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In the week ended October 30, there were 578 rigs drilling for oil in the United States, according to the Baker Hughes North American Rotary Rig Count.
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ThinkstockPhillips 66 (NYSE: PSX) is scheduled to report third quarter financial results before the markets open on Friday. The consensus estimates from Thomson Reuters call for $2.24 in earnings per...
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ThinkstockConocoPhillips (NYSE: COP) is scheduled to report its third quarter financial results before the markets open on Thursday. The consensus estimates from Thomson Reuters call for a net loss...
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U.S. commercial crude inventories increased by more than 3 million barrels last week, according to the EIA.
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The October 15 short interest data have been compared with the previous figures, and short interest for the selected oil stocks was mixed.
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The number of rigs drilling for oil in the United States totaled 594 last week, according to the Baker Hughes North American Rotary Rig Count.
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The latest U.S. Energy Information Administration (EIA) weekly petroleum status showed that U.S. commercial crude inventories increased by 8 million barrels last week.
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Energy Recovery took off like a rocket in Tuesday’s session following news of a new license agreement with Schlumberger.
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Big Oil is now engaged in cost-cutting operations with mass layoffs and project cutbacks. This could start a positive feedback loop for both oil and oil stocks.
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Whether or not Monday morning's falling price for crude oil is due to China's gross domestic product report may be just a matter of interpretation.
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In the week ended October 16, the number of rigs drilling for oil in the United States totaled 595, according to the Baker Hughes North American Rotary Rig Count.
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U.S. commercial crude inventories increased by 7.6 million barrels last week, maintaining a total U.S. commercial crude inventory of 468.6 million barrels.
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The national average price for a gallon of regular gasoline in the United States Monday morning was up to $2.31.
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The September 30 short interest data have been compared with the previous figures, and short interest for the selected oil stocks increased almost across the board.
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In the week ended October 9, the number of rigs drilling for oil in the United States totaled 605, according to the latest Baker Hughes North American Rotary Rig Count.
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