oil and gas
oil and gas Articles
The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks decreased by 18 billion cubic feet for the week ending March 27.
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The bribery scandal surrounding Petrobras has plagued the company since last year. Now it looks like there is a new twist in this Brazilian soap opera.
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EIA said U.S. commercial crude inventories increased by 4.8 million barrels last week, maintaining a total U.S. commercial crude inventory of 471.4 million barrels.
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What are investors supposed to think after the chairman of Chesapeake Energy made a purchase larger than most people will make in their entire lives?
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Wells Fargo made some broad calls on the oil market about what it sees coming for West Texas Intermediate (WTI) crude, as well as for some major oil companies.
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Crude oil production in the United States rose 16.2% per day in 2014, the largest year-over-year increase since 1940.
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Chesapeake is between a rock and hard place. It needs to sell assets to help it reduce its debt, but it needs the assets to replace extracted reserves.
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The Federal Reserve Bank of Dallas has released its Manufacturing Outlook report for the month of March, the first negative reading on Texas manufacturing in nearly two years.
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When the Saudi Arabian Air Force began bombing targets in Yemen last week, the price of West Texas Intermediate (WTI) crude oil for April delivery spiked.
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Deutsche Bank believes oil market supply and demand fundamentals are beginning to tighten, but that this upcycle will be far more subdued.
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Many investors and analysts alike are looking for upside in the oil patch now that so many of these stocks and master limited partnerships have seen their stocks gutted.
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In the week ended March 27, the number of rigs drilling for oil in the United States totaled 813, compared with 825 in the prior week.
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Baker Hughes has released its weekly rig count report, and the numbers just are not very good at all.
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CIA World FactbookThe stock market may have tanked on Wednesday, but geopolitical risk from Yemen was one of the excuses that was used for the rally in oil on this day. It may simply have been an...
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U.S. commercial crude inventories increased by 8.17 million barrels last week, maintaining a total U.S. commercial crude inventory of 466.7 million barrels.
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