oil and gas
oil and gas Articles
Pump prices for gasoline could be well on their way to less than a dollar a gallon in some parts of the Midwest as refiners begin the switchover in production to summer-grade fuel.
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A new report from IHS concludes that in addition to the capex cuts already estimated for 2016, oil companies need to slash another 30% of the total.
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Plains All American Pipeline and Plains G.P. Holdings reported fourth-quarter and full-year 2015 results after markets closed on Monday.
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Diamond Offshore Drilling reported fourth-quarter and full-year 2015 results before markets opened on Monday.
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The three largest U.S. oil and gas companies have now reported fourth-quarter earnings, and the results were about what most observers expected with one mildly positive surprise.
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In the week ended February 5, the number of rigs drilling for oil in the United States totaled 467, according to the Baker Hughes North American Rotary Rig Count.
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Everyone is wondering just how low the price of oil can go. The reality is that we now have an oversupply issue.
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Very early Friday morning, independent oil and gas producer Hess announced that it had priced an underwritten offering of 25 million shares of common stock at $39 per share
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The EIA reported Thursday morning that U.S. natural gas stocks decreased less than expected for the week ending January 22.
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On Wednesday, the EIA reported that crude oil in storage now totals more than 500 million barrels. Are the tanks about to overflow?
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With fourth-quarter results reasonably good, Deutsche Bank is raising price targets on some top oil exploration and production stocks.
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ConocoPhillips reported disappointing fourth-quarter and full-year 2015 results before markets opened Thursday morning.
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So what are investors supposed to make of an analyst downgrade of Freeport-McMoRan coming out now?
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U.S. commercial crude inventories increased by almost 8 million barrels last week, according to the U.S. Energy Information Administration.
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The price of oil has declined for numerous reasons. Here are Jefferies six top reasons that oil should start to move higher in 2016.
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