oil and gas
oil and gas Articles
Baker Hughes reported better-than-expected second-quarter results before markets opened Thursday morning. It forecast higher international rig counts and increased North American well counts.
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ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 7.5 million barrels last week,...
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ThinkstockBy James Stafford of Oilprice.com Much larger than Eagle Ford and once thought to have reached peak production, new technology has brought us full circle back to the Permian Basin in Texas...
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ThinkstockMonday’s national average price for a gallon of gas fell to $3.614, down from $3.617 on Sunday and $3.655 a week ago. The 4-cent drop pushed prices to their lowest point since April and...
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A new research report from Stifel highlights six oil and gas stocks that may have the ability to report second-quarter earnings that are higher than current Wall Street expectations.
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Savings and scale appear to be the primary reasons behind the impending merger of Kodiak Oil & Gas and Whiting Petroleum, that he two exploration and production companies announced Sunday.
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ThinkstockAn improving global economic forecast for 2015 has led to projected demand growth for crude oil of 1.4 million barrels a day. That was up from estimated growth of 1.2 million barrels a day...
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thinkstockThe U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 93 billion cubic feet for the week ending July 4. That compared with an...
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Petrobras rallied on Wednesday on perhaps the zaniest of all reasons seen in the past three months -- Brazil's soccer team took a beating from Germany in the World Cup.
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ThinkstockBy Chris Dalby of Oilprice.com Nigeria As much as 400,000 barrels of oil a day are stolen in Nigeria. This equates to losses of $1.7 billion a month for Africa’s new largest economy. This...
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ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 2.4 million barrels last week,...
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ThinkstockCanaccord Genuity has issued a very mixed report on the tanker and shipping companies that move energy products around the globe. 24/7 Wall St. gave the coverage of these and compared them...
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ThinkstockThe July forecast from the U.S. Energy Information Administration (EIA) calls for the price of a gallon of gasoline to fall from a second-quarter average of $3.68 to an average of $3.64 in...
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ThinkstockThe U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 100 billion cubic feet for the week ending June 27. That compared with...
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ThinkstockThe U.S. Department of Commerce has released its report on international trade in the month of May. This is known as the trade deficit to the rest of us. May’s trade deficit narrowed to...
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