crude oil prices
crude oil prices Articles
ThinkstockThe U.S. economy has benefited for some time from cheap oil, fueled by historically weak demand in China, crumpled demand in Europe and the rise of shale. However, the price of crude has...
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Wikimedia CommonsExxon Mobil Corp. (NYSE: XOM) is out with its third-quarter earnings. This company staggers its release by sending it to newswires before releasing its formal press release, which...
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ThinkstockPetroleo Brasileiro S.A. (NYSE: PBR), or Petrobras, is one of the more actively traded ADRs in the integrated oil and gas plays out there. It has many investors who have chased the prizes...
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ThinkstockThe positive impact of shale on U.S. energy production has been forecast for years, to the extent that many experts believe America could be energy independent soon and may become a net...
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Wikimedia CommonsEven if crude prices are at two-year highs, $110 per barrel crude has done nothing to help most oil stock prices. Exxon Mobil Corp.’s (NYSE: XOM) share price is down 5% in the past...
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ThinkstockAs we head into Labor Day weekend, gasoline prices nationally are down about 21 cents a gallon from last year to around $3.57 a gallon, according to GasBuddy.com. Marking the traditional...
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ThinkstockThe Syrian crisis drove oil prices to $111 a barrel. The crisis may well be worse if the U.S. strikes government installations there with drones. If Bashar al-Assad’s government reacts...
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ThinkstockSyria’s oil reserves rank 35th in the world. However, the anxiety index among oil traders ignores that, almost certainly because of worry that the conflict in Syria will spill over to its...
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ThinkstockThe recent spike in the price of oil shows how quickly day-to-day worries about supply make longer-term supply issues academic. After months of comments and analysis about how shale and...
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ThinkstockWhen supermajor oil companies like Royal Dutch Shell PLC (NYSE: RDS-A) pick a new chief executive officer, the new appointment virtually always comes from the upstream exploration and...
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ThinkstockMiddle East instability has long been the geopolitical trigger for oil pricing. As tensions continue to rise in Egypt, West Texas Intermediate (WTI) has soared over the $103 level and the...
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ThinkstockThe process for setting benchmark oil prices has never been particularly transparent, depending as it does on self-reporting by traders of offer and sale prices to energy pricing agencies...
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ThinkstockIf you think that the price of crude oil and the price of oil in general is too high or too low right now, you might want to consider what is happening on the supply side of the equation....
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ThinkstockThe Organization of Petroleum Exporting Countries (OPEC) released its May Oil Market Report this morning. The cartel did not materially change its forecast for global demand growth of...
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ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report this morning. U.S. commercial crude inventories increased by 200,000 barrels last week, bringing...
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