oil and gas

oil and gas Articles

The short interest data have been released for the December 15 settlement date, and short interest for the selected stocks was saw a definite jump.
In the period ended December 23, the number of rigs drilling for oil in the United States totaled 538, according to the Baker Hughes North American Rotary Rig Count.
U.S. natural gas stocks decreased by less than expected in the week ending December 18, according to the EIA.
U.S. commercial crude inventories decreased by almost 6 million barrels last week, according to the EIA.
The research team at Rystad Energy said on Tuesday that the downturn in the oilfield services business was the worst since the 1980s.
The U.S. average price for a gallon of regular gasoline on Tuesday was $2, about a penny a gallon more than Monday's average.
Should prices start to stabilize in the current trading area, these companies may provide investors some of the best entry points in the past 20 years.
Oil won't stay this low forever. In the meantime, it just makes sense for investors to stay with the large cap leaders who have survived these market downturns in the past.
We are approaching the absolute break-even point for oil production, if we haven’t done so already. Then a contraction in supply should translate to a reversal in price.
In the period ended December 18, the number of rigs drilling for oil in the United States totaled 541, according to the Baker Hughes North American Rotary Rig Count.
The EIA reported Thursday morning that U.S. natural gas stocks decreased less than expected for the week ending December 11.
U.S. commercial crude inventories increased by 4.8 million barrels last week, according to U.S. Energy Information Administration.
With their deep pockets and superb assets, these three companies make good sense for investors looking to play an energy rebound in 2016 and beyond.
Prospects for a recovery in the energy sector have been getting dimmer in the past several weeks, and Tuesday's announcement from Moody's Investor Services darkens an already bleak picture.
Credit Suisse upgraded BHP Billiton to Outperform but revised estimates and target prices lower.