crude oil prices
crude oil prices Articles
The only way to describe this past week for energy stocks would be to say that it was atrocious. Still, analysts on Wall Street have issued more reports calling out their favorite oil stocks to buy.
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Civeo reported better-than-expected fourth-quarter earnings Thursday after the U.S. markets closed.
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The International Energy Agency (IEA) monthly Oil Market Report said that global crude oil supplies rose by 1.3 million barrels a day year-over-year in February.
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Oppenheimer lowered its earnings estimates and price targets on Baker Hughes, Halliburton and Schlumberger based on its U.S. rig count analysis.
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U.S. commercial crude inventories increased by 4.5 million barrels last week, according to the U.S. Energy Information Administration (EIA) weekly petroleum status report.
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24/7 Wall St. has evaluated the key short interest data on big oil for the settlement date of February 27, 2015.
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With advantages such as a plunge in jet fuel prices due to the sell-off in oil, the airline industry has entered one of its best business environments in years.
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At its security analysts' day presentation Tuesday morning, Chevron said the company plans to grow net production by 20% by 2017.
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Most oil refining companies have seen their shares post 52-week highs since the beginning of the year.
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Whiting Petroleum shares have taken a huge jump in Monday's trading session on reported rumors that it is shopping for a buyout.
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Here are six oil and gas stocks that were featured with fresh Buy or Outperform ratings by Wall Street analysts in the past week.
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In the week ended March 6, the number of rigs drilling for oil in the United States declined to 922.
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In 1970 a barrel of crude oil averaged about $13 a barrel. Adjusted for inflation, that same barrel of oil should cost about $78 today.
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As U.S. crude oil inventories continue to pile up, some observers are beginning to wonder what happens when all the storage tanks fill up.
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The EIA weekly petroleum status report showed that U.S. commercial crude inventories increased last week.
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