oil and gas
oil and gas Articles
The recent plunge in oil prices already appears to be taking a bite out of the Texas economic regional output.
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The U.S. land-based oil rig count dropped by 3 in the holiday-shortened week. Crude oil prices are holding on to gains scored earlier Wednesday and natural gas prices were up sharply week over week.
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The stockpile of U.S. natural gas tumbled by 134 billion cubic feet last week, a much larger withdrawal than was expected. Natural gas prices have jumped in response.
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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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