crude oil prices
crude oil prices Articles
In Wednesday's report on the nation’s petroleum inventories, the U.S. Energy Information Administration (EIA) said that U.S. refineries were running at 96.1% of capacity in the week ended July 31.
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Argus downgraded National Oilwell Varco, reflecting its view that the company's customers are likely to reduce spending on capital equipment during a period of low oil prices.
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The latest U.S. Energy Information Administration weekly petroleum status report said U.S. commercial crude inventories decreased by 4.4 million barrels last week.
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The pure play exploration and production companies could find the going much tougher than even the integrated giants did.
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ThinkstockGasoline pump prices have dropped by 11 cents a gallon over the last 16 days according to AAA, closing the month of July at a national average of $2.66 a gallon, the lowest average July...
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ThinkstockIn the week ended July 31st, the number of rigs drilling for oil in the U.S. totaled 664 compared with 659 in the prior week and 1,573 a year ago. Including 210 other rigs mostly drilling...
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courtesy of Chevron Corp.Chevron Corp. (NYSE: CVX) reported its second-quarter financial results before the markets opened Friday. The oil giant had $0.30 in earnings per share (EPS) on $40.36...
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ThinkstockFriday will mark the crest of earnings season for the Dow and S&P 500, but it will also bring earnings reports from both of the Dow Jones Industrial Average’s oil giants. Both Exxon...
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Over five years ago a huge disaster happened that would change the world for BP PLC (NYSE: BP), millions of barrels of crude oil were dumped in the Gulf of Mexico. Finally, the company has come to...
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ConocoPhillipsConocoPhillips (NYSE: COP) is scheduled to report its second-quarter financial results Thursday before the markets open. There are consensus estimates from Thomson Reuters that call for...
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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 4.2 million barrels last week,...
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ThinkstockThe short interest data have been released for the July 15 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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ThinkstockEarnings season is well underway, Greece may be closer to being resolved, and China and Iran are being factored into the markets. Still, the S&P 500 slid 2.2% this last week. The trend...
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ThinkstockIn the week ended July 24th, the number of rigs drilling for oil in the U.S. totaled 659 compared with 638 in the prior week and 1,562 a year ago. Including 217 other rigs mostly drilling...
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Before markets open next Friday, Exxon Mobil and Chevron are scheduled to report second-quarter earnings. Which looks like the better value now?
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