oil and gas

oil and gas Articles

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.
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....
The world's supply and demand of crude have reached record levels, accord to the IEA. But the new records do not come without some cost.
World oil production hits a record level, Facebook shuts off a number of accounts, and other important business headlines.
U.S. crude oil inventories rose by 6 million barrels last week, more than analysts had forecast and enough to keep downward pressure on prices.
The U.S. natural gas stockpile rose by 90 billion cubic feet last week, in line with analysts' expectation. Cooler weather ahead could lift demand and prices.
In its monthly Oil Market Report for October, OPEC lowered its demand forecast for both 2018 and 2019, adding strength to the cartel's contention that there's plenty of oil to meet demand.
The U.S. Energy Information Administration on Wednesday released its October Short-term Energy Outlook along with its Winter Fuels Outlook. The short version is that energy will cost more, but not an...
Mexico has announced an oil discovery in the southeast Gulf of Mexico that adds more than 180 million barrels to the country's reserves. There's more to the story, however.
The September 28 short interest data have been compared with the previous figures, and short interest in these selected big oil stocks increased.
These four Jefferies Franchise List energy companies that could be perfect additions for the fourth quarter, as oil prices continue to rise and energy demand may increase during the winter months.
The U.S. land-based oil rig count fell by two this week. The number of rigs drilling for natural gas remained flat, and the number of offshore rigs put to work rose by four.
The U.S. natural gas stockpile got a bigger-than-expected boost last week. The large increase took more off the already falling price for natural gas futures.
The U.S. Energy Information Administration reported Wednesday morning that U.S. commercial crude oil inventories rose by 8 million barrels last week, the highest weekly rise of the year so far.
Goldman Sachs has made a key rotation in its oil and gas sector coverage, downgrading ConcoPhillips and adding Chevron to the prized Conviction Buy list.