crude oil prices
crude oil prices Articles
In the week ended May 15, the number of rigs drilling for oil in the United States totaled 660, compared with 668 in the prior week,
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The latest EIA weekly petroleum status report indicated U.S. commercial crude inventories decreased by 2.2 million barrels last week.
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The U.S. Energy Information Administration has now lowered its expectations on oil prices and its production forecast in 2015 and 2016.
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OPEC released its May Oil Market Report Tuesday morning, and the cartel said that demand will rise by 1.18 million barrels a day in 2015.
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As a whole, it appears that as oil prices continue to rise that investors are becoming more optimistic and short sellers are backing off.
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24/7 Wall St. has reviewed nine different analyst calls in the energy sector with solid upside targets. Some obviously have more risk than others, but there are industry and sub-sector leaders in...
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The strategy that the Organization of Petroleum Exporting Countries (OPEC) outlined last November has taken hold with a vengeance.
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In the week ended May 8, the number of rigs drilling for oil in the United States totaled 668, compared with 679 in the prior week.
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The EIA weekly petroleum status report showed U.S. commercial crude inventories decreased by 3.9 million barrels last week.
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A couple of major oil and gas companies are set to report their earnings Wednesday.
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Golar LNG has some ambitious plans for the future, and Merrill Lynch breaks down where it thinks the company is going.
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It is no secret that the energy sector has suffered after oil fell from $100 to under $50 faster than almost even the most bearish traders expected.
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With the possibility that oil bottomed out in the mid-$40s, and with the possibility of $60 oil again, many investors have been bargain hunting in the battered oil and gas stocks.
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In the week ended May 1, the number of rigs drilling for oil in the United States declined again, according to the latest Baker Hughes North American Rotary Rig Count.
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Civeo has reported better-than-expected first-quarter financial results. Can Civeo continue to navigate through this difficult period?
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