crude oil prices
crude oil prices Articles
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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The cost of gasoline is still low compared to a year ago and has flattened recently at about $2.76 for the average price for a gallon of regular nationwide.
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U.S. commercial crude inventories increased by 2.4 million barrels last week, according to the EIA.
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In the week ended June 26, the number of rigs drilling for oil in the United States dropped to 628, according to the Baker Hughes North American Rotary Rig Count.
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The short interest data have been released for the June 15 settlement date, and some of the latest readings for major oil companies are backing off of highs, while others are attempting to push new...
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The EIA weekly petroleum status report says U.S. commercial crude inventories decreased by nearly 5 million barrels last week.
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In the week ended June 19, the number of rigs drilling for oil in the United States dropped to 631, according to the latest Baker Hughes North American Rotary Rig Count.
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The latest EIA weekly petroleum status report indicated that U.S. commercial crude inventories decreased by 2.7 million barrels.
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In the week ended June 12, the number of rigs drilling for oil in the United States fell to 635, according to Baker Hughes.
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Oppenheimer is downgrading Chesapeake Energy due to its growing losses and its cash flow deficit. The firm is also changing its estimates in light of these losses.
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In its June report, the International Energy Agency said that May's global crude oil supplies fell by 155,000 barrels a day.
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The U.S. Energy Information Administration released its latest weekly petroleum status report Wednesday morning.
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The Organization of Petroleum Exporting Countries (OPEC) released its June Oil Market Report Wednesday morning.
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Gulfport Energy is in the process of raising capital for its shale operations. It plans to go about this is through a secondary offering.
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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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