oil and gas
oil and gas Articles
The U.S. land-based oil rig count rose by two this week and the natural gas rig count dropped by one. Spot prices are lower again this week on both energy commodities.
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The U.S. Energy Information Administration reported an addition of 58 billion cubic feet to the country's stockpile of natural gas for the week ended last Friday. Commodity prices dipped slightly...
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The October 15 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. commercial crude oil inventory rose by 6.3 million barrels last, slightly less than the prior week's total. Refinery maintenance has lowered utilization to below 90% for the third straight...
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Schlumberger has performed horribly in 2018, and the small gain after Friday's earnings announcement has been followed by even more selling pressure.
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A series of leaks from oil wells in the Gulf of Mexico would together create the largest oil spill in U.S. history.
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Oilfield services provider Halliburton reported quarterly results Monday morning that were slightly better than analysts expectations. Investors appear satisfied but the company's bar was set pretty...
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General Electric could kill all or part of its dividend, interim board chair of CBS steps down, Chinese stocks surged on hope the government will stimulate the economy, and other important business...
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Crude oil prices have been volatile for the past couple of weeks and U.S. supermajors Exxon and Chevron have been getting knocked around.
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The number of land-based rigs drilling for oil in the United States rose by four this week. There are 154 more rigs working this year than at the same point last year.
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Oilfield services firm Schlumberger beat estimates for EPS on Friday but fell short on revenues. The firm is looking for an upturn in business beginning next year.
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Recent market volatility has knocked top energy stocks back down. These three make sense for investors wanting to add energy stocks that are more conservative and pay dependable dividends.
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The U.S. natural gas stockpile rose by 81 billion cubic feet last week, slightly less than analysts had expected. The weather outlook for the coming week is for demand to remain high.
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U.S. crude oil inventories rose by much more than expected last week and have added to the decline that was already happening in crude oil prices.
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The number of land-based drilling rigs searching for oil in the U.S. this week increased by eight, the largest week-over-week rise in two months. Including natural gas and other rigs, the total U.S....
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