oil and gas

oil and gas Articles

In the week ended April 10, the number of rigs drilling for oil in the United States totaled 760, according to the latest Baker Hughes North American Rotary Rig Count.
Federal Reserve Bank of Kansas City Energy Survey spells out a real picture of what the oil and gas industry is facing.
As global oil supply continues to swell, it is worth recalling that the United States has over 690 million barrels underground in the Strategic Petroleum Reserve.
Analysts and investors began to see the value of Petrobras assets in light of the $70 billion mega-deal in which Royal Dutch Shell will acquire BG Group.
The EIA reported Thursday morning that U.S. natural gas stocks increased by 15 billion cubic feet for the week ending April 3.
Even though there appear to be plenty of critics of the proposed $70 billion acquisition of BG Group by Royal Dutch Shell, 24/7 Wall St. is not among them.
U.S. commercial crude inventories increased by nearly 11 million barrels last week, maintaining a total U.S. commercial crude inventory of more than 482 million barrels.
Oil supermajor Royal Dutch Shell announced Wednesday morning that it has agreed to acquire Britain's BG Group in a cash and stock deal worth nearly $70 billion.
The latest EIA update to the Short-Term Energy Outlook spells good news for drivers and less-good news for crude oil producers.
ShutterstockOne of the best rules for investors has always been the most simple: Buy low and sell high. When an industry like energy, and especially oil, is cut in half there is almost always one...
If any sector has been familiar with boom and bust cycles it is oil and oil services, and if things stay on the same course they are on now, one Wall Street firm thinks that it could be 2017 before a...
What stood out in this weekend's review of the top analyst calls was that large-cap oil and gas stocks with above market returns were being called for.
In the week ended April 2, the number of rigs drilling for oil in the United States slipped to 802, according to the latest Baker Hughes North American Rotary Rig Count.
Investors in Petrobras have to be wondering about the fate of its dividend. The Brazilian state-run oil giant remains in a very difficult position.
According to EIA data, crude oil shipments by rail totaled just 55,000 barrels a day in 2010 and increased to more than a million barrels a day in 2014.