crude oil prices
crude oil prices Articles
Last week analysts at Citigroup slashed their forecast for crude oil to $20 a barrel before prices begin to recover. They see prices dropping to that point as soon as the end of the first quarter.
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In the week ended February 13, the total number of rigs drilling for oil in the United States came in at 1,056, according to the latest Baker Hughes North American Rotary Rig Count.
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The price of WTI crude fell after the U.S. Energy Information Administration released its weekly petroleum status report Wednesday morning.
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Common sense would say that short sellers have made huge bets and boatloads of money as the stocks and commodities around the oil patch have suffered.
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A forecast from Citigroup analysts that crude could fall as low as $20 a barrel has made for some eye-popping headlines.
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OPEC's February Oil Market Report indicates that demand will rise in 2015, reflecting higher demand in the developed nations of the west.
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Exxon Mobil received a downgrade Monday morning when Argus took a bearish look at the oil giant, based on expectations for much weaker realized liquids prices.
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In a new research report, Jefferies analysts are careful to note that oil pricing could take up to 18 months to rebound, but they feel comfortable enough to initiate some top exploration and...
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The Bank for International Settlements has released an update to its report on global liquidity conditions, and it is safe to say that the members of OPEC are not likely to be impressed with its...
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Last week, the total number of rigs drilling for oil in the United States fell, according to the latest Baker Hughes North American Rotary Rig Count.
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The Challenger, Gray & Christmas January 2015 Job Cut Report shows that job cut announcements have surged to their highest level in two years.
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A Credit Suisse analyst maintained an Underperform rating on National Oilwell Varco and lowered the price target, just a week after a previous downgrade.
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U.S. commercial crude inventories increased last week, the fourth consecutive week of a higher total than at any time in at least 80 years.
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North Dakota's legislative council has released an updated revenue forecast that cuts the forecast for the state's oil and gas tax revenues nearly in half.
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Rig counts are an important sign of the energy industry’s strength, but the meaning has changed. The count means less in terms of production than it did before shale drilling became popular.
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