crude oil prices
crude oil prices Articles
There are roughly 2,500 to 3,500 drilled but uncompleted oil wells in the United States, and as many as 1,400 of those wells are located in the Eagle Ford shale play in south Texas.
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In the week ended April 10, the number of rigs drilling for oil in the United States totaled 760, according to the latest Baker Hughes North American Rotary Rig Count.
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Federal Reserve Bank of Kansas City Energy Survey spells out a real picture of what the oil and gas industry is facing.
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As global oil supply continues to swell, it is worth recalling that the United States has over 690 million barrels underground in the Strategic Petroleum Reserve.
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U.S. commercial crude inventories increased by nearly 11 million barrels last week, maintaining a total U.S. commercial crude inventory of more than 482 million barrels.
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The latest EIA update to the Short-Term Energy Outlook spells good news for drivers and less-good news for crude oil producers.
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Merrill Lynch's equity and quantitative strategists have lowered their earnings per share expectations for the S&P 500 by $2 in 2015.
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What stood out in this weekend's review of the top analyst calls was that large-cap oil and gas stocks with above market returns were being called for.
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In the week ended April 2, the number of rigs drilling for oil in the United States slipped to 802, according to the latest Baker Hughes North American Rotary Rig Count.
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The bribery scandal surrounding Petrobras has plagued the company since last year. Now it looks like there is a new twist in this Brazilian soap opera.
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EIA said U.S. commercial crude inventories increased by 4.8 million barrels last week, maintaining a total U.S. commercial crude inventory of 471.4 million barrels.
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Wells Fargo made some broad calls on the oil market about what it sees coming for West Texas Intermediate (WTI) crude, as well as for some major oil companies.
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Crude oil production in the United States rose 16.2% per day in 2014, the largest year-over-year increase since 1940.
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The Federal Reserve Bank of Dallas has released its Manufacturing Outlook report for the month of March, the first negative reading on Texas manufacturing in nearly two years.
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When the Saudi Arabian Air Force began bombing targets in Yemen last week, the price of West Texas Intermediate (WTI) crude oil for April delivery spiked.
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