crude oil prices
crude oil prices Articles
This past week brought some very big calls from Wall Street analysts in the oil patch and energy sector.
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What stood out the most about the second quarter of 2015 was that Buffett and his portfolio managers have taken even more steps than in prior quarters to run for the hills in their oil and gas stocks.
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In the week ended August 14, the number of rigs drilling for oil in the United States totaled 672, according to the latest Baker Hughes North American Rotary Rig Count.
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A key analyst decided to take a closer look at Exxon, and it had this to say about the oil giant.
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Fitch Ratings has warned that continued pressure in the commodities could impact the available funding for the MLPs.
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The commercial crude inventory remains near levels not seen at this time of year in at least the past 80 years, according to the EIA.
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It just so happens that some of the latest short interest readings for major oil companies are backing off highs, while others are pushing on new highs.
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Don't expect oil prices to rise next year. As a matter of fact, they may fall, according to the IEA.
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The U.S. Energy Information Administration (EIA) on Tuesday lowered its estimated 2015 average price for Brent crude West Texas Intermediate (WTI) oil.
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OPEC released its August Oil Market Report Tuesday morning, which confirms that production continues to outstrip demand and will continue to do so through 2016.
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Credit Suisse rounded up a few of its master limited partnerships (MLPs) that it has top ratings on despite the continued downturn in the oil patch.
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The U.S. Energy Information Administration (EIA) released its August report on drilling productivity in seven key oil and gas-producing regions.
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In the week ended August 7, the number of rigs drilling for oil in the United States rose to 670, according to the Baker Hughes North American Rotary Rig Count.
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The price of a barrel of crude oil fell below $44 in NYMEX electronic trading Friday, and there really does not seem to be any reason to think the bottom is in sight.
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Moody's Investors Service has lowered its oil price assumptions for both Brent and West Texas Intermediate crude to reflect increases in oil production and with muted demand.
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