oil and gas
oil and gas Articles
The U.S. commercial crude oil inventory rose more than expected last week. Stockpiles of gasoline and diesel fuel dropped, and U.S. crude oil production remained at all-time highs.
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Oil & gas producer Cimarex on Monday announced that it will acquire Resolute Energy for $1.6 billion, including debt. The deal represents a premium of about 15% to Resolute's shareholders based...
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Oil has traded down into bear market territory, and there are numerous reason it could rally next year. So what should concerned investors do now?
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The U.S. land-based oil rig count rose by two this week to a total of 888. Crude oil spot prices dropped to a low not seen since last year at this time.
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The U.S. crude oil stockpile soared by more than 10 million barrels last week according to the latest official report. Inventories have now risen for eight consecutive weeks.
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The U.S. natural gas stockpile rose a bit more than expected last week and prices for the fuel have dropped by some 14% since yesterday's high.
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The boom in U.S. oil and gas production over the past decade has been a somewhat moderating force on what is a large domestic merchandise trade deficit by helping reduce the country’s net petroleum...
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For investors looking for a hot trade idea, the top natural gas producers may be just the ticket. These energy companies are among the top producers and all have sizable upside to the Wall Street...
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If there is a major export cut from the Saudis, OPEC or any other large producers, the United States has a massive buffer in the Strategic Petroleum Reserve.
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Phillips 66 and Bridger Pipeline kick off an open season Monday on a new pipeline from North Dakota to Corpus Christi. Phillips 66 is also proposing a new pipeline from Cushing to the Texas Gulf...
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The October 31 short interest data have been compared with the previous figures, and short interest moves in these selected big oil stocks were mixed.
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The U.S. land-based oil rig count soared this week as new rigs were added in bunches to Oklahoma's Anadarko basin and the portion of the Permian basin located in New Mexico.
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The U.S. natural gas stockpile rose sharply last week and is helping chip away at the big boost to natural gas prices that we saw earlier this week.
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The U.S. commercial crude oil inventory rose by nearly 6 million barrels last week while gasoline inventories rose by nearly 2 million barrels. Falling prices will get no boost from this report.
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In its Short-Term Energy Outlook for November, the U.S. Energy Information Administration forecasts a big drop in gasoline prices by the end of this year and lower average crude oil prices per barrel...
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