oil and gas
oil and gas Articles
Some of the biggest and best oil stocks are still incredibly cheap compared to the rest of the market. These four are outstanding long-term buys for growth portfolios looking for income as well.
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The U.S. natural gas stockpile rose by 69 billion cubic feet last week but remains about 20% lower than the amount in storage at this time last year and 18% below the five-year average.
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The August 31 short interest data have been compared with the previous figures, and short interest in most of these selected big oil stocks decreased.
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According to the EIA, America almost certainly has become the world's largest oil-producing nation. The report does not show whether the development will help keep global crude prices low.
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The Fed's Beige Book release for September 12 included a lot of insight around the energy sector. The comments came from multiple regional Fed branches.
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The U.S. Energy Information Administration reported Wednesday morning that U.S. commercial crude oil inventories fell by more than 5 million barrels last week. Product inventories (gasoline and...
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The U.S. Energy Information Administration on Tuesday released its Short-term Energy Outlook for September. The agency sees gasoline prices averaging about $2.76 a gallon this year, but rising by...
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The number of U.S. land-based rigs drilling for oil fell by two this week, but the loss was offset by a gain of two new natural gas wells. Crude oil and natural gas prices have taken a beating this...
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U.S. crude oil inventories dropped by more than expected last week, but increases to gasoline and distillate inventories outweighed decline. Prices did not move much immediately following the report.
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The U.S. natural gas inventory increased by about the amount expected last week, keeping a lid on the already depressed price.
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These three energy stocks traded under the $10 level, have consensus Buy recommendations and could provide investors with some solid upside potential.
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Offshore driller Transocean has agreed to acquire Ocean Rig in a transaction valued at $2.7 billion in cash and stock.
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The number of land-based rigs operating in the United States rose by two this week after dropping by nine last week. U.S. production continues to rise, reaching nearly 10.7 million barrels a day in...
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Canada's Federal Appeals Court on Thursday ruled in favor of indigenous and environmental groups to halt work on the Trans Mountain oil pipeline expansion project that the government had purchased in...
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Natural gas prices slipped a bit following Thursday morning's report on U.S. gas stockpiles. Last week's storage injection was higher than analysts had estimated.
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