oil and gas
oil and gas Articles
The U.S. Energy Information Administration reported Thursday morning that U.S. natural gas stocks increased by 51 billion cubic feet for the week ending August 26.
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U.S. commercial crude inventories increased by more than 2 million barrels last week, according to the U.S. Energy Information Administration.
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While the spot price of oil may remain volatile, buying the top land drillers with exposure in the best basin play in the United States makes good sense for aggressive growth investors.
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The poster child for the impact of low crude prices is Venezuela, a founding member of OPEC and the country with the largest proved reserves in the world.
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The new reality seems to be that oil prices and the prices of metals have reached a level where analysts are again comfortable making key projections for upside.
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What is wrong with Venezuela? Food riots. Wild inflation. But the country has the world's largest oil reserves, even greater than Saudi Arabia.
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In the week ended August 26, the number of rigs drilling for oil in the United States totaled 406, unchanged compared with the prior week.
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The price of a gallon of regular gasoline was above $3 not so long ago. There are signs it could get back there by year's end.
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The U.S. Energy Information Administration reported Thursday morning that U.S. natural gas stocks increased by less than analysts had expected for the week ending August 19.
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The August 15 short interest data have been compared with the previous figures, and short interest for the selected oil stocks was mixed.
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Offshore drilling company Seadrill posted mixed second-quarter 2016 results before markets opened on Wednesday morning.
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U.S. commercial crude inventories increased by more than 2 million barrels last week, according to the U.S. Energy Information Administration.
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Resolute Energy has reduced its long-term debt, is sitting on some high-quality acreage and is looking to boost 2016 production. Can you see a buyout candidate here?
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The week ending August 19 had many key Buy or Outperform ratings for oil and gas investors, with some in big names.
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The latest Baker Hughes North American Rotary Rig Count finds the number of rigs drilling for oil in the United States totals 406.
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