crude oil prices
crude oil prices Articles
In the monthly update to its Short-Term Energy Outlook, the U.S. Energy Information Administration (EIA) on Tuesday lowered its estimated average price for Brent crude oil.
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Raymond James upgraded PetroQuest, as did Iberia Capital. They assigned huge upside target prices on the heels of this speculative company closing on asset sales.
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In the week ended June 5, the number of rigs drilling for oil in the United States totaled 642, according to the latest Baker Hughes North American Rotary Rig Count.
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ThinkstockOcean Rig UDW Inc. (NASDAQ: ORIG) is in the market to raise more capital and it’s looking to do so through a secondary offering. Wednesday morning, the company announced that it has...
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U.S. commercial crude inventories decreased by almost 2 million barrels last week, according to the U.S. Energy Information Administration.
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In the week ended May 29, the number of rigs drilling for oil in the United States fell to 646, according to the Baker Hughes North American Rotary Rig Count.
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SandRidge Energy has a new plan now to pay down part of its debt, but analysts and investors just do not seem to be impressed.
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The EIA released its weekly petroleum status report Thursday morning, a day later than usual due to the Memorial Day holiday.
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As a whole, it appears that as oil prices continue to rise, investors are becoming more optimistic and short sellers are backing off.
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Credit Suisse's view is that oil prices will weaken in the near term, before rising in the fourth quarter. What does this mean?
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ThinkstockIs it possible that the never-ending rig count decline is ending in North Dakota? There could be good news headed the way of companies like Whiting Petroleum Corp. (NYSE: WLL), Nabors...
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ThinkstockThe collapse of crude oil prices that started last Fall and continued through the first half of March this year has forced many U.S. producers to delay new drilling or well completions...
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ThinkstockIn the week ended May 22nd, the number of rigs drilling for oil in the U.S. totaled 659 compared with 660 in the prior week and 1,528 a year ago. Including 222 other rigs mostly drilling...
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Just ahead of the Memorial Day weekend, one of the periods when Americans are on the road in the greatest numbers, gasoline prices have moved above $3 in seven states.
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The latest EIA weekly petroleum status report showed U.S. commercial crude inventories decreased by 2.7 million barrels last week.
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