crude oil prices
crude oil prices Articles
The spot price for October delivery of West Texas Intermediate (WTI) crude oil settled up more than 10% on Thursday and traded up further in the late morning on Friday.
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Argus has a Buy rating on Schlumberger, based on strong synergies from the merger deal with Cameron International.
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Seadrill reported mixed second-quarter financial results before the markets opened on Thursday.
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U.S. commercial crude inventories decreased by 5.5 million barrels last week, maintaining a total U.S. commercial crude inventory of 450.8 million barrels.
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The short interest data have been released for the August 14 settlement date. It just so happens that some of the latest short interest readings for major oil companies are backing off highs.
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Considering falling oil prices and the cost that it takes to store oil, Euronav appears to be well positioned.
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The markets were absolutely crumbling in Monday’s trading session, with the Dow down near 1,000 points and the S&P down around 90 points.
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After a price recovery that took crude oil prices to over $60 in June from $46 at the start of the year, the price has collapsed again.
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In the week ended August 21, the number of rigs drilling for oil in the United States totaled 674, up two from the prior week.
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courtesy of United Continental Holdings Inc.West Texas Intermediate crude broke under $40 for the first time in about six years on Friday. If there is one sector inside of the economy that loves it...
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Among a group of 16 independent oil and gas exploration and production companies, crude oil production in the second quarter of 2015 rose an estimated 21% sequentially.
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ThinkstockJust after markets opened on Wednesday morning, Van Eck Global launched the Market Vectors Oil Refiners ETF (NYSEMKT: CRAK), which is the first U.S.-listed exchange traded fund to offer...
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Bureau of Ocean Energy Management has now held and completed its oil and gas lease sale for the western Gulf of Mexico for tracts on the U.S. Outer Continental Shelf offshore Texas.
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The latest EIA weekly petroleum status report showed U.S. commercial crude inventories increased by 2.6 million barrels last week.
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This past week brought some very big calls from Wall Street analysts in the oil patch and energy sector.
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