oil and gas
oil and gas Articles
Here are the six stocks that the Merrill Lynch team mentions in its most recent report for investors to look at now. Two oil stocks and four natural gas stocks are highlighted.
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Petrobras said it had reached an agreement with its creditors regarding the release of its third-quarter 2014 financial statements to the external auditor.
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ThinkstockUnited States Steel Corp. (NYSE: X) will lay off roughly 750 employees between two plants, undoubtedly the result of falling oil prices. It is worth noting that these facilities are not...
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Tuesday, December 30, was the last time that the posted price of West Texas Intermediate (WTI) crude oil topped $50 a barrel.
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Weeks ago, oil priced at less than $50 a barrel was unimaginable. Today, a price of $20 draws the same immense skepticism.
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Kinder Morgan Inc.By Dan Steffens for Oilprice.com Low oil prices today may be setting the world up for an oil shortage as early as 2016. Today we have just 2% more crude oil supply than demand and...
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Crude oil hit a milestone on Monday by selling briefly under the $50 per barrel mark. Oil has not traded that low since April of 2009.
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A strengthening dollar and uncertainty about the impact of a possible Greek exit from the eurozone weighed on crude oil trading early Monday morning.
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HollyFrontier waited until the market closed on Friday to announce that the company expects to take a pretax charge for the 2014 fiscal year due to the fourth-quarter drop in crude oil prices.
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Record high post-Soviet crude oil production in Russia weighed down crude prices Friday. Russia intends not to cut output this year and expects the price of crude to stabilize.
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Exxon Mobil and Chevron have not yet revealed their proposed spending and production levels for this year, but they are also expected to spend less as low crude oil prices drag down profits.
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Linn Energy has joined the ranks of independent oil and gas companies saying that 2015 will be a year of constrained spending.
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The U.S. Energy Information Administration (EIA) reported Wednesday afternoon that U.S. natural gas stocks decreased by 26 billion cubic feet for the week ending December 26.
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The U.S. Energy Information Administration (EIA) weekly petroleum status report released Wednesday morning says commercial crude inventories decreased last week.
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Without actual saying the words, the U.S. Department of Commerce on Tuesday made clear that the U.S. ban on crude oil exports has been lifted.
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