oil and gas
oil and gas Articles
Despite the price of oil being low, there are several key surprises in the latest OPEC monthly oil market report.
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The July 29 short interest data have been compared with the previous figures, and short interest for most of the selected oil stocks was lower.
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Horizontal drilling and fracking technology has improved a lot in the past few years, and that has driven production costs lower.
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In the week ended August 5, the number of rigs drilling for oil in the United States rose to 381, according to the Baker Hughes North American Rotary Rig Count.
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The oil industry has shed more than 195,000 jobs, and if the price of crude stays below $40 a barrel, the trend may continue.
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U.S. natural gas stocks decreased by 6 billion cubic feet last week, when analysts were expecting a storage addition of around 2 billion cubic feet.
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Chesapeake Energy reported disappointing second-quarter 2016 results before markets opened Thursday morning.
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Before Wednesday morning's announcement, the Bakken Pipeline project had been a joint venture between Energy Transfer Partners and Sunoco Logistics Partners.
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U.S. commercial crude inventories increased by less than 1.5 million barrels last week, according to the U.S. Energy Information Administration.
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Oilfield services company Nabors Industries reported better-than-expected second-quarter 2016 results after markets closed Tuesday.
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Whiting Petroleum's stock remains quite controversial for many investors, but the latest earnings almost undeniably have taken out a lot of the return to good days. Oil prices in recent days have not...
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With major production cuts and rig counts well below two years ago, now may be a good time to nibble at some of the top oil stocks that have been hammered over the past month.
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Williams Companies (NYSE: WMB) reported second-quarter 2016 results after markets closed Monday afternoon. The pipeline operator reported a diluted net loss of $0.54 per share on adjusted EBITDA of...
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After markets close Monday, the Williams Companies is scheduled to report earnings for the quarter that saw the termination of its proposed merger with Energy Transfer Equity.
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Offshore driller Transocean announced Monday that it will buy back the remainder of the shares in Transocean Partners it does not already own in an all-stock deal valued at around $250 million.
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