crude oil prices

crude oil prices Articles

Chevron reported better-than-expected fourth-quarter and full-year earnings before markets opened Friday morning.
Oil refiners Valero Energy and Phillips 66 reported fourth-quarter and full-year 2014 earnings before markets opened Thursday morning.
Dow Chemical reported its fourth-quarter results Thursday before the U.S. markets opened.
ThinkstockNational Oilwell Varco, Inc. (NYSE: NOV) had a reality check during Wednesday’s trading session. This oilfield and offshore giant equipment maker was on the wrong side of an analyst call...
The EIA weekly petroleum status report indicates U.S. commercial crude inventories increased by 8.9 million barrels last week.
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.
OPEC)said Monday that if producers fail to invest in developing new supplies, crude oil prices could rise as high as $200 a barrel.
Cheap oil acts as a pay raise for many consumers in the nation. It also acts as a serious drag on the local, state and regional economies where the oil and gas industry has such a dominant role.
ThinkstockNo state has a lower unemployment rate than North Dakota, where it is 2.7%. No state is at a greater risk to have its unemployment rate soar. Low oil prices get the blame. Experts in...
EIA said U.S. commercial crude inventories increased by a whopping 10.1 million barrels last week, the second consecutive week at higher totals than at any time in at least 80 years.
With crude oil trading in the mid-$40s for February delivery, there is little doubt that oil is cheap today. But is it too cheap?
Baker Hughes and Halliburton are both scheduled to report their fourth-quarter results Tuesday before the U.S. markets open.
Analysts at J.P. Morgan have joined the herd of energy market players that have slashed forecasts for oil prices in 2015.
In just the six years since 2008, crude oil production in the Eagle Ford shale play in south Texas has grown from 352 barrels of oil a day to more than 1.6 million barrels a day.
ShutterstockThe drop in oil prices, coupled with the decision by OPEC to keep production at current levels, will pressure the production of non-OPEC countries down. Faltering demand is the other...