crude oil prices
crude oil prices Articles
HollyFrontier waited until the market closed on Friday to announce that the company expects to take a pretax charge for the 2014 fiscal year due to the fourth-quarter drop in crude oil prices.
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Linn Energy has joined the ranks of independent oil and gas companies saying that 2015 will be a year of constrained spending.
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Americans saved $14 billion on gasoline last year compared to 2013, according to the AAA.
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The U.S. Energy Information Administration (EIA) weekly petroleum status report released Wednesday morning says commercial crude inventories decreased last week.
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Without actual saying the words, the U.S. Department of Commerce on Tuesday made clear that the U.S. ban on crude oil exports has been lifted.
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The dramatic drop in crude oil prices in the last half of 2014 has not yet slowed production in the Bakken play, but it has made it more difficult for producers to make a profit.
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Civeo has announced that due to the fall in oil prices it has cut its 2015 guidance and suspended its dividend.
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Among the first indications we expect to see that the falling cost of crude oil is putting economic pressure on oil producers is a drop in the number of rigs that are being employed.
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24/7 Wall St. looks at 10 wealthy countries as measured by GDP that lack any significant amount of proved oil reserves.
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The EIA weekly petroleum status report indicated that U.S. commercial crude inventories increased by 7.3 million barrels last week.
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While we have suggested before that share prices for alternative energy stocks are behaving like leveraged plays on the price of crude, there is another way of looking at what is happening.
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Merrill Lynch is reevaluating its position on a few master limited partnerships as it transfers coverage to analyst John Abbot from Nitin Kumar.
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Chevron said in a letter to Canada's National Energy Board that it would abandon its plans to drill in the Arctic due to economic uncertainty in the industry.
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The oil patch is a tough place to make a living these days, and most observers believe it is going to get tougher.
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The EIA weekly petroleum status report showed U.S. commercial crude inventories decreased by 800,000 barrels last week.
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