crude oil prices
crude oil prices Articles
Ocean Rig UDW gave an update on its fleet and where it currently stands, based on spending cuts from major oil companies.
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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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Petrobras announced Tuesday morning that it is cutting its spending plan for the current fiscal year and the next.
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The massive drop in crude oil prices over the past year is about to end, according to OPEC, which did not say how soon or how big.
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In the week ended October 2, the number of rigs drilling for oil in the United States dropped to 614, according to the Baker Hughes North American Rotary Rig Count.
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Oppenheimer believes that in the long run oil prices are unsustainable at these levels, and there are several catalysts that could present negative headwinds over the next several weeks.
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Oil has been absolutely beaten up over the past year, and that has resulted in the awful treatment of speculative companies within the industry.
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ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 4 million barrels last week,...
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In the week ended September 25, the number of rigs drilling for oil in the United States totaled 640, according to Baker Hughes.
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The September 15 short interest data have been compared with the previous figures, and short interest for the selected big oil stocks increased almost across the board.
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ShutterstockInvestors seeking good bets in the oil and gas exploration and production (E&P) sector are not exactly thick on the ground. Nor are there a lot of good bets on offer. The chief...
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U.S. refineries have begun the transition to winter-grade fuel and we should see refinery throughput slow to below 90% of capacity in the next week or two before picking up again.
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The industry's capacity could accommodate 40 to 50 new projects a year and there are currently just six on the list for this year.
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ThinkstockIn the week ended September 18th, the number of rigs drilling for oil in the U.S. totaled 644 compared with 652 in the prior week and 1,601 a year ago. Including 198 other rigs drilling for...
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The U.S. Energy Information Administration says U.S. commercial crude inventories decreased by 2.1 million barrels last week.
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