oil and gas
oil and gas Articles
While it could take decades for oil to trade over $100 again, and that really is a pressure point on consumers, a continued move higher this year and next appears to be in the cards.
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Oil field workers in Kuwait walked off their jobs Sunday, cutting production from the country by 60%. The strike was timed to coincide with the producing nations’ meeting taking place in Doha. The...
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The absence of a decision to freeze oil production at a meeting of some of the world's largest oil-producing nations has scuttled the most promising chance to push crude prices higher.
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Some oil and gas stocks traded so low in the first six weeks of 2016 that they have since risen 30% to 50% — and many have even more than doubled off of their lows.
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In the week ended April 15, the number of rigs drilling for oil in the United States totaled 351, according to the latest Baker Hughes North American Rotary Rig Count.
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The U.S. Energy Information Administration reported Thursday morning that U.S. natural gas stocks decreased by 3 billion cubic feet for the week ending April 8.
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While oil will continue to remain volatile, the trend clearly seems to be higher. A continued move higher this year and next appears to be in the cards.
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U.S. commercial crude inventories increased by more than 6 million barrels last week, according to the U.S. Energy Information Administration.
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Wells Fargo has decided to downgrade Marathon Oil to Market Perform from Outperform after a large run-up after the news of a dilutive capital raise and asset sales.
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CSX reported first-quarter financial results that met expectations after the markets closed on Tuesday.
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U.S. drivers can expect to gasoline prices this summer to average about 22% less than last year, according to the U.S. Energy Information Administration.
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With oil prices seemingly on the path to recovery and global markets slowly getting stronger, short interest is now more important than ever to follow.
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Marathon Oil Corporation (NYSE: MRO) is selling more assets. After the close of Monday’s trading, the company announced that it has signed agreements for the sale of certain non-core assets. The...
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Oil and gas producer Chesapeake Energy announced Monday morning that it has amended the terms of its $4 billion revolving credit facility.
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With the overall markets flat to slightly down for the year, and expectations dampened pretty well, the parade of earnings that starts this week may be able to to put some oomph into things if...
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