crude oil prices
crude oil prices Articles
coutesy of Exxon Mobile Corp.Exxon Mobil Corp. (NYSE: XOM) is one of the standout oil stocks on Wednesday. The reason is not the dollar or higher oil prices, nor is that oil is looking favorable....
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U.S. commercial crude inventories increased by 2.5 million barrels last week, according to the U.S. Energy Information Administration.
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ThinkstockIt has been said that watching politics behind the scenes can be like watching how they make sausage at the sausage factory. Sometimes you just might not like what you see. This brings up...
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ThinkstockWTI crude oil for August delivery fell to a daily low of $49.93 on Monday afternoon, the first time since early April that WTI crude has fallen that low. The price bounced back above $50...
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In the week ended July 17, the number of rigs drilling for oil in the United States dropped to 638, according to the Baker Hughes North American Rotary Rig Count.
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The latest EIA weekly petroleum status report showed that U.S. commercial crude inventories decreased by more than 4 million barrels last week.
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OPEC released its July Oil Market Report Monday morning, and the cartel raised its forecast of 2015 global demand growth to 1.28 million barrels a day.
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It just so happens that some of the latest short interest readings for major oil companies are backing off of highs, while others are attempting to push new highs.
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In the week ended July 10, the number of rigs drilling for oil in the United States climbed to 645, according to the latest Baker Hughes North American Rotary Rig Count.
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The International Energy Agency (IEA) expects a perfect storm will push down oil prices. That is good news for the U.S. economy.
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After a large sell-off that started last summer, the energy master limited partnerships may be of some interest. Credit Suisse is backing a trade within the sector.
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Despite crude oil prices falling to the low $50 range, ConocoPhillipsis still making a good impression on analysts.
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The U.S. Energy Information Administration reports that U.S. commercial crude inventories increased by 400,000 barrels last week.
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The commodities markets had a tough day Tuesday as energy and metals dragged commodities lower.
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Oil just does not like turmoil. Crude was down about 6% on Monday, and down 10% or so in just the past three full trading days.
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