oil and gas

oil and gas Articles

Energy industry analysts at Wood Mackenzie said Thursday morning that they have identified $380 billion in capital spending cuts on 68 existing oil and gas development costs.
The U.S. Energy Information Administration reported Thursday morning that U.S. natural gas stocks decreased less than expected for the week ending January 8.
U.S. commercial crude inventories increased by 200,000 barrels last week, according to the EIA.
24/7 Wall St. screened the Merrill Lynch research database for companies rated Buy that could also be prime takeover targets.
The short interest data have been released for the December 31 settlement date. Short interest for the selected oil stocks was mixed.
At its low for the day Tuesday, WTI crude oil for February delivery traded at $29.93 before settling at $30.25. That’s the first time WTI crude has traded below $30 a barrel since 2003. Through the...
In the latest revision of its Short-Term Energy Report, the U.S. Energy Information Administration said the total U.S. crude production fell to an average of 9.4 million barrels a day in 2015.
Two news items from Plains All American Pipeline released Tuesday morning pushed the midstream energy company's shares up nearly 25% shortly after the opening bell.
The United States will enter the market for liquefied natural gas (LNG) later this week when Cheniere Energy begins loading the first tanker ever to export LNG from the lower 48 states.
The average price of a gallon of gasoline is falling across the United States, likely due to oversupply and geopolitical concerns centered around China's economy.
As of January 8, the number of rigs drilling for oil in the United States totaled 516, according to the Baker Hughes North American Rotary Rig Count.
That Saudi Arabian Oil Co., better known as Saudi Aramco, is considering selling shares to the public has generated a lot of chatter about what the company might be worth.
Smart investors who have been around the Wall Street block, not attending their first rodeo, know that this is the best buying opportunity in 10 years. The question is which stocks do you buy?
24/7 Wall St. wanted to see what the strategists and analysts on Wall Street expect for the stock market in 2016. Here we take a look at the two energy giants in the Dow.
The U.S. Energy Information Administration reported Thursday morning that U.S. natural gas stocks decreased more than expected for the week ending January 1.